Telenor India

The industry body, however, feels that the worst is over and companies are looking to hire in areas such as artificial intelligence (AI) and big data

DoT approves merger of Bharti Airtel and Telenor India

The Supreme Court last week rejected DoT's petition for security deposit of around Rs 1,700 crore from the companies and directed it to approve the merger.

Airtel to absorb 4,000 Tata Teleservices, Telenor staff after merger

The Sunil Mittal-led telecom company may post about 15 percent of the employees from the two telcos overseas, including in Africa.

Airtel gets shareholders' nod for amalgamation with Telenor

Shareholders representing 99.98 percent holding voted in favour of the resolution while a mere 0.02 percent voted against it, according to a regulatory filing by Bharti Airtel.

Accruals from licence fee, spectrum charges slide during FY17

Accruals from licence fee payments in the telecom sector have fallen from Rs 3,975.6 crore in the first quarter to Rs 3,450 crore in the third quarter of the current fiscal, the Parliament was informed today.

Brokerages cheer Bharti-Telenor's deal, but flag sector issues

Analysts feel that the deal could help Bharti stand up to intense competition that will unleash in the telecom space, but the sector overall could see pressure as well.

Bharti's buyout of Telenor India credit positive: Moody's

Yesterday, telecom operator Bharti Airtel announced its decision to acquire Norwegian Telenor's India unit, signalling a fresh round of industry consolidation that has intensified in the wake of disruptive entry of newcomer Reliance Jio.

Airtel-Telenor deal done, Idea-Vodafone on weekend: What's next?

The Airtel-Telenor buyout coupled with talks of potential Vodafone-Idea merger and Tata Teleservices with RCom-Airtel-MTS combine raise questions whether a consolidation is the best way for telecom companies in view of Reliance Jio's entry.

Reliance Jio Effect: Airtel buys Telenor ahead of Voda-Idea deal

In yet another consolidation in telecom industry, India‘s largest telecom operator Bharti Airtel informed the bourses on Thursday that it will acquire Telenor India assets. The move comes at a time when new entrant Reliance Jio has acquired 100 million users and the market is awaiting response on a potential Vodafone-Idea merger.

Airtel buys Telenor: Norwegian co's foray was jinxed from get-go

A late entry into India's crowded telcom sector, Telenor (formerly Uninor) from the start of its India operations, was never able to find its footing in the cut-throat industry.

Bharti's decision to buy Telenor India sends stock soaring 10%

The stock has seen strong movements, posting a rise of over 18 percent in the past one year. It touched its 52-week high of Rs 390.55 on Thursday.

Telenor India operating loss narrows to Rs 36 crore

Telecom operator Telenor India today reported narrowing of its operating loss at Rs 36 crore for the quarter ended on December 31, 2016.

Telenor will not participate in spectrum auction, loss widens

For the June quarter of 2016, the company has reported widening of operating loss to 132 million Norwegian Krone (about Rs 105 crore at present exchange rate) compared to NOK 90 million (Rs 71.3 crore) it posted a year ago.

Telenor to be 4G ready by fiscal-end

They are LTE ready. Based on this transformation we have started offering LTE in Varanasi. We expect entire network will be upgraded by end of this financial year," Telenor India Chief Executive officer Sharad Mehrotra told PTI.