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Telenor to participate in spectrum auction in India



2012-11-12 05:06:07 -


(Oslo, Norway - November 12, 2012) Telenor confirms its participation in the1800
MHz spectrum auction in India that starts on 12 November. Telenor will
participate in the auction through its fully owned subsidiary Telewings
Communication Services.

If successful in the auction, Telenor plans to transfer all assets from Uninor
into the new company to secure a seamless transition for Uninor's existing
customers and employees. No further comments will be provided before the Indian
authorities have announced the final results of the auction.

Contact:

Glenn Mandelid, Telenor Asia, glenn.mandelid@telenor.com, +66 824401122




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Source: Telenor via Thomson Reuters ONE
[HUG#1656900]


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