Monday, April 4, 2011

2G scam: Telenor distances from its JV partner Unitech

Norwegian mobile operator Telenor has distanced itself from its joint venture partner –Unitech, reports CNBC-TV18.

Telenor today clarified that the CBI in its chargesheet has named Unitech Wireless and its MD Sanjay Chandra and not Telenor.

The company claimed that charges were made for a period prior to Telenor's entry and that the Norwegian made its investments after Unitech had obtained a genuine licence. It also emphasised that it has zero tolerance for corruption and will continue to fight for its rights.


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