In a major development, Norway-based telecom giant Telenor has filed
a lawsuit against its partner Unitech, seeking damages worth $14
billion.
The move came after the Supreme Court cancelled the 2G spectrum
licenses of major telecom companies as the fallout of the 2G scam,
involving then Telecom Minister A Raja.
Telenor had tied up with Unitech to provide mobile services under the
banner of Uninor. After the Supreme Court cancelled 22 of their
licenses, Telenor felt that they expected nothing from this tie-up with
Unitech.
The Norwegian company has sought “indemnity and compensation” from
its Indian partner. Telenor may look out for another telecom company in
India to carry out their business, it is believed.
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