The Telenor Group on Wednesday night issued a notice to Unitech Ltd, its Indian strategic partner, seeking “indemnity and compensation” following the cancellation of Uninor's 22 licences by the Supreme Court.
“It is Telenor Group's position that the strategic partnership with Unitech Ltd does not have a future, and it therefore will start the process of looking for a new Indian partner,” a media statement issued late on Wednesday night states.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.