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Tag Archives: telenor

Bharti Airtel may acquire Loop Mobile very soon

Loop Mobile is on sale and if all goes well, Bharti Airtel will soon take the company under its wing. Loop Mobile is currently owned by Dubai-based Khaitan Holdings Group which is looking forward to quit the telecom segment of India for good. The guys over at The Times of India have found out through sources familiar with the negotiation ... Read More »

Telenor settles Rs 9809 crore loans of its Indian JV Uninor

Norwegian telecoms major Telenor on Monday said that it has settled Rs 9809 crore loans of its Indian JV Uninor. Uninor is a joint venture between Norwegian firm and Indian mobile phone company, Unitech Wireless, in which the later held 67 percent stake. It had raised short-term loans from Indian banks, which Telenor had guaranteed. Following the Supreme Court’s February ... Read More »