Don’t miss the latest developments in business and finance.

Telenor says to make decision on India operations by end-2016

Image
Reuters OSLO
Last Updated : Apr 27 2016 | 4:22 PM IST

OSLO (Reuters) - Norwegian telecoms operator Telenor must make a decision on the future of its India operations by the end of 2016, Chief Executive Sigve Brekke said on Wednesday.

"We must find a solution sometime this year," Brekke told Reuters.

The company previously said it may leave India unless it is able to secure additional capacity for its networks at a reasonable cost.

(Reporting by Joachim Dagenborg, writing by Terje Solsvik, editing by Gwladys Fouche)

More From This Section

First Published: Apr 27 2016 | 4:10 PM IST

Next Story