Friday, March 23, 2012

Unitech open to selling stake, but disagrees with price

Unitech has said that it is open to selling its stake in Uninor to its joint venture partner, Norway’s Telenor, provided that the valuation is right, reports the Wall Street Journal. Following the cancellation of the cellco’s concessions by the Supreme Court last month, Telenor announced that it would split from Unitech and seek a new partner in India.


Excerpt from:

OVETEL Unitech open to selling stake, but disagrees with price

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