Published on January 25th, 2009 | by Babar Bhatti0
Telenor Revises Timeframe For Closing of India Transaction
Telenor had communicated in December 2008 that closing of the Unitech Wireless transaction in India would take place during January. Completion of the transaction is now expected to take place during the first quarter of 2009. Closing is subject to certain conditions being fulfilled such as agreements for infrastructure sharing that will allow a swift and cost-efficient rollout.