Telenor plans to invest Rs 15,500 cr; may bid for Mumbai circle in auction

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Telenor of India plan: no fresh investment, focus on 6 zones

financial irregularities through estranged joint venture partner Unitech, loss of 13 licenses after the Supreme Court canceled 122 permits issued by former telecom Minister A Raja, inability to the circles that it lost in the 2 G just closed auctions because of exorbitant reserve price of spectrum back to win.

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