Unitech Wireless

• Telenor allowed to offset Rs 1,660 crore in spectrum cost

  Norwegian telecom operator Telenor on Friday said it has been allowed to offset Rs 1,660 crore against payment due for spectrum bought in November 2012.

• Indian operations likely to achieve break-even by year-end: Telenor

  Norwegian telecom firm Telenor's Indian arm is expected to break-even by the end of this year, a top official of the company has said.

• No number portability on network of telcos that lost permits: TRAI

  Customers of telecom operators whose licences were cancelled by Supreme Court on February 2, 2012, will no longer be able to opt for mobile number portability (MNP).

• Do not give undue benefits to Reliance, mobile operators tell government

  The Cellular Operators Association of India (COAI) has written to the Department of Telecommunications (DoT) opposing its move to allow fourth-generation (4G) players like Reliance Industries (RIL) to provide voice services.

• Foreign telcos can't claim damages from government in 2G case: AG

  In a setback to foreign telecom players such as Sistema and Telenor, Attorney General Goolam Essaji Vahanvati is believed to have reiterated his earlier stand that such players cannot claim damages for cancellation of their 2G licences by an order of the Apex Court.

• Unitech agrees to exit Uninor, shares up

  Realty major Unitech today said it has reached an agreement with Norwegian firm Telenor on all outstanding disputes over their telecom joint venture Uninor, in which Telenor owns 67.25 per cent stake.

• Uninor proposes asset auction, Unitech opposes

  Uninor, the Indian mobile operator majority owned by Norway’s Telenor, is planning ot auction assets in India.

• No case for 'interim relief' to Uninor on bank guarantee: TDSAT

  A TDSAT bench headed by its Chairman Justice S B Sinha said at this stage, the tribunal can not go ahead on such issues without going through any detailed reply from the Department of Telecommunications (DoT).

• CLB asks Unitech to file rejoinder

  The CLB today asked realty firm Unitech to file rejoinder over the reply submitted by Telenor, related to the transfer of assets of their telecom joint venture Uninor to a new company.

• Recommendations aimed at liberalising spectrum: TRAI Chairman JS Sarma

  Telecom Regulatory Authority of India (TRAI) has recommended Rs 3,622.18 crore per Mhz for 1800 Mhz.

• Govt assures Telenor of early completion of 2G auction

  Finance Minister Pranab Mukherjee asked Norweigan telecom major Telenor to participate in the 2G auction process

• Verdict cancelling 2G licences did not suffer from error: Supreme Court

  "We have carefully perused the review petition and the record of the case," said the apex court.

• Tata asks Supreme Court to review cancellation of its 2G licenses

  Tata Teleservices Ltd moved the Supreme Court seeking review of its judgement cancelling its licences for the 2G spectrum.

• Unitech to contest Telenor's demand for compensation

  Unitech said there was no breach of warranties on its part and it will contest any demand for compensation.

• Hope TRAI will take our view on new 2G auction norms: Uninor

  "We assume that the regulator is going to follow the spirit of the increased competition. We also assume that the regulator will look at finding a way which is absolutely fair and allows business to prosper," MD of Unitech Wireless Sigve Brekke said.