Uninor re-brands itself as Telenor in India

By GizBot Bureau

Telecom service provider Uninor on Wednesday announced it has rebranded itself as Telenor in India. "Uninor is now Telenor. This rebranding exercise shows our commitment to the customers and the stakeholders in this country. India is a tough market.

Uninor re-brands itself as Telenor in India

We are taking a the stand that we will continue to develop ourselves," said Telenor Group's head of Asia region Morten Karlsen Sorby. The company will be spending around Rs.100 crore on the rebranding exercise. Norway-based Telenor entered India in 2009.

SEE ALSO: 10 Effective Ways To Extend Your Android Smartphone's Battery Life

Initially it had a joint venture with realty major Unitech, which however exited in 2012. The company subsequently started operating with the name of Telewings, and in 2014, Telenor bought 100 percent stake in the company. "We now have 47.55 million customers.

We have broke even in India within four years of our operations. It is a mass market for us," said Telenor India CEO Vivek Sood. "We are modernizing the entire network for advanced technology solutions.. it is preparing to offer high-speed Internet services for mass-market consumers in future," he added.

Uninor re-brands itself as Telenor in India

Asked about the company's plans to buy more spectrum, Sood said: "We are looking for more spectrum. It is essential for taking the company to the next level. We can acquire that spectrum through auction, trading, sharing or merger and acquisition."

SEE ALSO: Motorola Moto X Play Review: It's All about Awesome Camera and Larger Battery

He also mentioned that the company is becoming network for fourth generation (4G) telephony service. Sood also mentioned that the company has 24,000 towers in the country, out of which 5,000 will be modernised by the end of this year. India contributes 6 percent of the global revenue of the company and 12 percent of the Asian revenue.

Source IANS

Most Read Articles
Best Mobiles in India

Read More About: uninor telecom

Best Phones

Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Yes No
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more