Telenor to participate in spectrum auction in India

(Oslo, Norway - November 12, 2012) Telenor confirms its participation in the1800 MHz spectrum auction in India that starts on 12 November. Telenor will participate in the auction through its fully owned subsidiary Telewings Communication Services. If successful in the auction, Telenor plans to transfer all assets from Uninor into the new company to secure a seamless transition for Uninor's existing customers and employees...

(Oslo, Norway - November 12, 2012) Telenor confirms its participation in the1800 MHz spectrum auction in India that starts on 12 November. Telenor will participate in the auction through its fully owned subsidiary Telewings Communication Services.

If successful in the auction, Telenor plans to transfer all assets from Uninor into the new company to secure a seamless transition for Uninor's existing customers and employees. No further comments will be provided before the Indian authorities have announced the final results of the auction.

Contact:

Glenn Mandelid, Telenor Asia, [email protected], +66 824401122

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