Uninor Rises Again With Renewed Vigor And A New Unified License

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Estranged telecom service provider Uninor has risen from near oblivion and appears to have buckled up for long-term sustained business in India.Mobile operator Telewings, an entity promoted by erstwhile Uninor majority stake holder Telenor, has secured the Unified License which are the new Telecom Operational Permits vital to offer a whole bouquet of services within the Indian region. The company...
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Telenor Abruptly Shuts Down In Mumbai

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Subscribers to Uninor, the Joint Venture (JV) between Norwegian Telecom group Telenor & Realty Company Unitech Ltd, were in for a rude shock as the company abruptly shut down its services in Mumbai.Post Saturday 16th midnight, Uninor’s entire subscriber-base, amounting to 1.8 Million (as of December) was faced with a non-working SIM / No network. The company is apparently following the Supreme...
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Unitech Actually Pays Rs. 25 Crores To Part Ways With Telenor. Uninor May Survive Afterall

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Realty Company Unitech Ltd & Norwegian Telecom group Telenor had jointly started a mobile telecom service known as Uninor. After 5 years of mutually holding the reins of 45 Million subscribers, the JV has dissolved.Though the JV was mutual, unfortunately we cannot the same about their relation. Ever since the Supreme Court cancelled 122 Licenses pertaining to 2G Spectrum allocation, the two companies...
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Telenor & Unitech Go Their Separate Ways; Uninor No More?

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Realty Company Unitech Ltd. & Norwegian Telecom group Telenor’s Joint Venture (JV) has officially come to an end. Telenor has not only dissolved the JV, but announced its intention to set up a separate entity in India with a new partner. The ailing JV Uninor had long been a mute sufferer owing to the bitter spat between the two companies. Through meticulous planning, Telenor had successfully...
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Government Allows Foreign Mobile Companies To Bid Separately In The Upcoming 2G Auction

By aripeskoe2 [CC-BY-2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
The upcoming auction for the 2G Spectrum allocation could see foreign telecom companies acting alone. The Indian Government has given the green signal to allow international mobile service providers to participate in the bidding process independently. So far, the companies had to mandatorily have an Indian or domestic partner to even consider entering the Indian market. However, the latest amendment...
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Telenor To Auction Indian Venture; Will Unitech Be Out?

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Telenor, the company which is the technological partner with Unitech, has received approval from its board members to auction off the telecom business under the Uninor brand. Unitech, the only other partner had been vehemently against this auction, but looks like the decision has been made. Coincidentally, the telecom company had begun to show signs of a breakdown with it announcing closure of its...
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Unitech Offers To Sell Stake In Uninor With Certain Conditions

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Unitech has reportedly agreed to sell its stake in Uninor on certain conditions. Uninor is a joint venture (JV) between Unitech and Norwegian telecom company Telenor. The proposal was made before Company Law Board (CLB) which is hearing the cross petitions filed by Unitech and Uninor.  CLB is a quasi judicial body on corporate matters. It had asked Unitech before if it wanted to buy Telenor’s...
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Uninor Rises Among TelCos & Adds Most Users In the New Year

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Uninor came out as a winner in January as it recorded highest addition of subscribers among all GSM service providers.Born out of Telenor & Unitech merger, Uninor, relatively small player on the Indian GSM turf managed to add 2.49 Million subscribers in January 2012. Uninor now has close to 40 Million users. Not surprisingly, GSM operators enjoyed another month of great additions with total number...
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Telenor Accusses Unitech Of Contract Breach. Will Form A New Uninor

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Norwegian Telecom giant Uninor confirmed that it will form a new company in India & will safely migrate the existing customers & employees to the new. After a bitter spat with its Indian partner Unitech, Uninor served by break-up notices & also demanded compensation for the damages the realty firm caused. While Telenor chose to blame Unitech for the current 2G mess, Unitech has simply chosen...
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Telenor Accuses And Unitech Disposes: Govt. To Blame?

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Unitech has clarified its stand against the accusations by its Norwegian partner Telenor in their Joint Venture Uninor.In light of the Govt. acting dictatorial & cancelling all Universal Access Service (UAS) licenses, Telenor had blamed Unitech for the resultant cancellation of 22 licenses held by their telecom JV Uninor. Telenor also demanded indemnity and compensation. Unitech on the other...
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