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05-07-2012, 11:07 PM #1
Is Telenor more a sinner than sinned against?Telenor is at it again. This time it is threatening to hang up on its India operations. Peeved over the high reserve price recommended by the Telecom Regulatory Authority of India (TRAI) for spectrum auctions, as well as the low quantity of spectrum put on the block, Sigve Brekke, Managing Director of Uninor, a joint venture controlled by Norwegian firm Telenor, said last week,
“If these recommendations become policy, we will be forced to exit India. It would be impossible for us to continue operations here.” Uninor then challenged the TRAI's recommendations on spectrum auctions in the Supreme Court for not being in line with the 2G licence cancellation judgment of February 2, 2012....being a human...