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Huawei wins major modem deal with Telenor

Huawei has signed a global master agreement with Telenor Group to supply mobile broadband modems. Under the agreement, Huawei will deliver 1.2 million mobile broadband modems in the coming year for Telenor’s 13 operating companies in Europe, CIS and Asia.

Telenor Q2 profit falls on impairment charge

Norway’s Telenor reported today that its second-quarter net profit fell by around 61 percent on heavy impairment losses, but posted improvements in sales and EBITDA.

India allows Telenor to lift stake in Unitech

India’s home ministry is set to give security clearance to Norway’s Telenor to lift its stake in its Indian subsidiary, Unitech Wireless, to 74 percent, reports Telecompaper, citing India’s Economic Times.

ZTE boosted by Chinese 3G sales in 1H09

Chinese equipment vendor ZTE has reported strong double-digit growth in both revenue and profit for the first half of the year on the back of strong demand for 3G equipment in its domestic market.

Telenor teams on campaign against digital bullying

Telenor has teamed with the Red Cross, ChildMinder and the Norwegian Media Authority to launch Norway’s biggest ever campaign against digital bullying

 

Govt okays Telenor’s plan to up stake in Unitech

India’s Cabinet Committee on Economic Affairs today approved Norwegian telecom operator Telenor’s proposal to increase its stake in new operator Unitech Wireless to 74 percent. At present, Telenor has a 67.25 percent stake in Unitech.

Unitech secures US1B loan, losses to hit US3.2B

Unitech Wireless, the Indian mobile joint-venture between India’s Unitech and Norway’s Telenor, has secured a INR5,000 crore (US$1.03 billion) loan from the State Bank of India (SBI) in a bid to fund its network rollout, reports Economic Times.

Sweden investigates LTE spectrum “cartel”

The Swedish Competition Authority (Konkurrensverket) has launched an investigation into whether the LTE spectrum agreement forged by Sweden’s five main mobile operators is anti-competitive. The investigation relates to a deal struck between TeliaSonera, Telenor, Tele2, Swefour and 3 Sweden in November last year to share Sweden’s 900Mhz bandwidth in a so-called “frequency pact.”

Telenor rebrands in India as ‘Uninor’

Unitech Wireless – the Indian start-up operator majority-owned by Norway’s Telenor – is to rebranded as ‘Uninor,’ reports India’s Business Standard.

Telenor launches m-payments in Pakistan

Telenor Pakistan and Tameer Microfinance Bank have announced the launch of easypaisa, aiming to be a convenient and safe way for the people of Pakistan to carry out financial transactions.