Telenor aims to buy its way back into Indian mobile market after losing licenses

After losing its previous Indian mobile network operating licenses to a court order, the company will bid in a new spectrum auction

After an Indian court took away its licenses to operate mobile networks in the country, Telenor said Friday it hopes to buy them back in a new mobile spectrum auction.

The Norwegian company has applied to take part in the auction for spectrum in the 1800MHz band organized by India's Department of Telecommunications.

The move follows a decision by India's Supreme Court in February to cancel 122 licenses to operate 2G mobile networks that were issued in 2008, as it found they had been purchased by business entities that manipulated the system. The court ordered the Telecom Regulatory Authority of India to auction the licenses and spectrum released as a result.

Among these licenses were 22 that had been assigned to Telenor, as well as licenses allotted to the Indian joint ventures of Etisalat, Sistema, and NTT DoCoMo.

The amount the foreign operators paid for their stakes in joint ventures was far higher than the Indian companies had earlier paid for the licenses, which were offered at basement prices in 2001, the court said in its ruling.

Telenor said it is scouting for a new Indian partner, and the assets of its earlier operation will be transferred to the joint venture. It recently concluded an agreement with its former Indian partner. Indian rules limit foreign ownership in telecommunications services companies to 74 percent of the equity.

The operator will compete in the auction with Indian players and with some other foreign players aiming to regain their lost mobile licenses in a now-booming market.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Cool Tech

SanDisk MicroSDXC™ for Nintendo® Switch™

Learn more >

Breitling Superocean Heritage Chronographe 44

Learn more >

Toys for Boys

Family Friendly

Panasonic 4K UHD Blu-Ray Player and Full HD Recorder with Netflix - UBT1GL-K

Learn more >

Stocking Stuffer

Razer DeathAdder Expert Ergonomic Gaming Mouse

Learn more >

Christmas Gift Guide

Click for more ›

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?