May 23, 2013 6:06 AM ET

Wireless Telecommunication Services

Company Overview of Unitech Wireless Limited

Company Overview

Unitech Wireless Limited operates as a mobile operator in India. The company offers national and international roaming; and SMS and Internet services. It provides its services through distributors and retail outlets in India. The company was incorporated in 2008 and is based in Gurgaon, India. Unitech Wireless Limited operates as a subsidiary of Telenor Asia Pte Ltd.

Ground Floor, Masterpiece

Sector 54

DLF Golf Course Road

Opp Hotel Ibis

Gurgaon,  122002

India

Founded in 2008

Phone:

91 12 4332 9000

www.uninor.in

Key Executives for Unitech Wireless Limited

Chief Executive Officer
Chief Financial Officer and Head of Finance
Age: 46
Treasury
Chief Human Resources Officer
Chief Marketing Officer
Compensation as of Fiscal Year 2012.

Unitech Wireless Limited Key Developments

Uninor Appoints Yogesh Malik as Chief Executive Officer

Uninor announced announced that it has appointed Mr. Yogesh Malik as Chief Executive Officer (CEO) of the operating company with immediat effect. Yogesh Malik joined Uninor in 2011. He comes from the  position as COO in the company.

Telenor India Unit to Shut Mumbai Operations

Telenor India announced it would close down its mobile phone services in Mumbai zone immediately after a court ordered that carriers whose permits were revoked and did not win fresh rights to airwaves must stop services. Telenor's permits in 22 zones were among those ordered to be revoked by India's supreme court last year after a massive scandal over the grant of cellular licences in a 2008 sale. Telenor won rights to airwaves in six of those zones in an auction in November and has said it might decide to bid for spectrum in Mumbai zone in an auction due in March.

Uninor to Close Down Services in Mumbai from Midnight Tonight

Uninor will close down its network in Mumbai on February 16, following the Supreme Court order that all operators who did not win spectrum in the previous auction should close down services immediately. It is bound by law to comply with the Supreme Court order and will therefore have to close down its mobile network immediately. Further, no temporary license too is available such that services can be closed down in an orderly manner and customers are able to port out. Operations in the six circles - Maharashtra and Goa, Gujarat, Uttar Pradesh (East), Uttar Pradesh (West), Bihar and Jharkhand and Andhra Pradesh will continue as fresh spectrum for 20 years has already been secured. Telenor has won fresh spectrum for the next 20 years in these six circles. It will also sign roaming agreements with other operators to ensure that all its customers get seamless connectivity when travelling to Mumbai.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 11, 2012
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