Monday 12 September 2011

UniNor

Uninor is a mobile telephony and network operator in India.[1] The company holds a pan-India UAS licence[2] to offer telecommunications services in each of India’s 22 circles. It has also received spectrum to roll out these services in 21 of the 22 telecom circles (excluding Delhi). Uninor is subsidiary of Norwegian telecom giant Telenor Group (67.25%) and Unitech Group (32.75%). Uninor has started mobile services in India at the end of 2009, focusing on the GSM technology. As of now(2010-11)the company is mired in the multi-billion SPECTRUMGATE scandal.
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It is a joint venture between the Norway based telecom firm Telenor and Unitech wireless of India. The brand name of this GSM service will be called 'UNINOR'. Uninor in India has got license to start the GSM services in 22 circles. Telenor has already bought around 67% shares of Unitech wireless, and recently it got permission from the cabinet Committee on Economic affairs to rise its stake in Unitech wireless to upto 74%. This is the maximum stake a foreign company can hold in the Indian based company. Unitech is basically a construction company, but they started a division called Unitech Wireless recently.
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8th company to enter the Indian GSM market.

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