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Telenor chained to Unitech by court order

29 Aug 2012

The district court of Gurgaon has ruled that Norwegian telco Telenor cannot participate in the upcoming spectrum auction with any firm other than Uninor, its current joint venture with partner Unitech. The Times of India reports that the court was petitioned by Unitech to issue an injunction against the Norwegian telco preventing it from: ‘participating, negotiating, engaging in or financially being interested in the auction processes conducted by the government/government agencies for fresh allotment of licences/spectrum, other than through [Unitech Wireless].’ Fighting back, Telenor has petitioned the Punjab and Haryana High Courts to overturn the decision.

The partners have been at loggerheads since the cancellation of Uninor’s licences by the Supreme Court in February this year. Telenor has blamed Unitech for the revocation of the JV’s concessions and has sought to extricate itself from the company and seek a new partner. Unitech, however, has sought to block Telenor, fearing that it will transfer the assets of Uninor to a third party and leave Unitech out of pocket.

India, Telenor Group, Telenor India

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