RSS Feeds Forgot Password | Register
Merger And Acquisitions | May 17, 2013
#34689

Telenor looks for merger with Indian companies

Telenor, Norway's telecommunications company, has hinted that that it will look at mergers and acquisitions (M&A) with other mobile phone companies in India. But the company said that it will move in that direction only after India offers more clarity on its M&A rules.    

The company said that there is still a lot of uncertainty. For example, the merger and acquisition policy is out there but the regulations are not. So, there are still things that need to fall in place from a government's point of view before this sector can be consolidated or before mergers and acquisitions can happen, Telenor head of Asia operations Sigve Brekke said.    

Recent reports had said that Telenor and Tata Teleservices had held initial discussions for a possible merger or equity sale, adding that Telenor had appointed Citibank while Tata Tele had brought in Lazard to evaluate options of possible partnerships.

Advertise Here [670 W x 90 H pixels]
Subscribe Project Reporter
  • Sector News

  • Latest News

  • 20 Dec 2014

    NMRC finalises 21 station for Greater Noida metro project

    read more
  • 16 Dec 2014

    Centre approves proposal to ensure quick transfer of land owned by government departments and PSUs for metro rail projects

    read more
  • 05 Dec 2014

    IRB Infrastructure gets provision certificate for Pathankot Amritsar BOT Project

    read more
  • 05 Dec 2014

    MMRDA approves two metro corridor project for Mumbai

    read more
  • 05 Dec 2014

    GOI gives nod to monorail project in Chennai

    read more
  • 18 Nov 2014

    Telangana government plans to take up road development in a big way

    read more
  • 04 Jan 2015

    PM stresses on improving quality of urban governance...

    read more
  • 04 Jan 2015

    Government to build industrial corridors and smart cities...

    read more
  • 04 Jan 2015

    AP to seek Rs 2,000 crore under Swachh Bharat scheme...

    read more
  • 04 Jan 2015

    BHEL gets 1x800 MW Kothagudem power project...

    read more
  • 04 Jan 2015

    BHEL, HSL and Midhani comes together to bid for submarine project...

    read more
  • 04 Jan 2015

    Develop new airports in Arunachal Pradesh: Thangwang Wangham...

    read more
|
Advertise Here [728 W x 90 H pixels]