Telenor levels a $14 billion lawsuit against Unitech

With the recent Supreme Court ruling regarding mobile phone service providers' licenses being revoked, aside ...

March 27, 2012 / 11:15 IST

With the recent Supreme Court ruling regarding mobile phone service providers' licenses being revoked, aside from their own personal financial downfall in this case, some have it still worse than others. For example, Unitech, an Indian real estate company, who is tied to Norway’s major telecom provider, Telenor, and has been providing services in India under the brand name Uninor has just been slapped with a hefty $14 billion lawsuit.

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first published: Mar 27, 2012 11:07 am

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