Telenor Group on 23 September 2015 announced that it had changed its brand identity along with legal company name from Uninor, its subsidiary in India, as Telenor India Communications Pvt. Ltd.
Telenor in its release said that the renaming will not change its commitment to bring the best value to its 40 million customers.
Telenor Group is one of the leading mobile operators in the world, with 189 million mobile subscriptions. It has mobile operations in 13 markets, as well as an interest of 33% in VimpelCom Ltd., operating in 14 markets.
The company headquartered in Oslo, Norway provides tele, data and media services in the Nordics, Central and Eastern Europe and Asia. In Asia it is operational in Thailand, Malaysia, Bangladesh, Pakistan, India and Myanmar.
Uninor in context of India
Launched in 2009 under the brand name Uninor had emerged as a preferred mass-market brand. It captured the fourth position in most of its operating circles.
The company was launched as per the agreement between Unitech Group and Telenor Group. The two organisations agreed to enter a joint venture where Telenor would inject fresh equity investments of 61.35 billion rupees into Unitech Wireless to take a majority stake in the company.
Now get latest Current Affairs on mobile, Download # 1 Current Affairs App
DISCLAIMER: JPL and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.