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    Default Telenor invests Rupees 1,493 crore in Unitech Wireless;holds majority stake

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    Norwegian firm Telenor has invested Rupees 1,493 crore in Unitech Wireless to increase its stake to 60.1 per cent in the telecom company.



    ''Taking into account the existing investment of Rs 2,620 crore made by Telenor, its total investment in Unitech Wireless amounts to Rs 4,113 crore,'' Unitech Wireless said in a statement.

    With this, total shareholding of Telenor in total issued and paid-up equity share capital of Unitech Wireless will increase by 11.1 per cent from 49 per cent, the statement added.




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