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Telenor signs up new partner

机译:Telenor签约新合作伙伴

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Telenor has inked a deal to partner with Lakshdeep Investments and Finance in its new Indian wireless arm, Telewings, which will replace its existing Uninor unit. Having recently agreed a split from its former partner Unitech, the Norwegian group must now find an Indian partner to comply with local foreign direct investment (FDI) laws which cap foreign ownership of companies at 74%. Under the terms of the upcoming spectrum auction, Telenor is permitted to bid for spectrum without satisfying the 74% ownership obligations, but will not be allowed to offer services until those requirements are met. Lakshdeep will contribute an undisclosed amount of equity into the new venture, whilst Telenor will retain its maximum 74% stake.
机译:Telenor已与Lakshdeep Investments and Finance合作,在印度新成立的无线部门Telewings达成了一项协议,它将取代现有的Uninor部门。挪威集团最近同意从其前合作伙伴Unitech分拆出去,现在必须找到一家印度合作伙伴,以遵守当地外国直接投资(FDI)法律,该法律规定公司的外国所有权不得超过74%。根据即将举行的频谱拍卖的条款,Telenor可以在不满足74%所有权义务的情况下竞标频谱,但是在满足这些要求之前,不允许其提供服务。 Lakshdeep将向新合资公司贡献未公开的股权,而Telenor将保留其最大74%的股份。

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    《Asia Pacific telecom》 |2012年第10期|8-8|共1页
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