Uninor is a new mobile operator, with a localized approach to the Indian market. We combine the force of India's second largest real estate company, Unitech Ltd and Norway-based Telenor, the 6th largest mobile communications group in the world.
With over 150 years of telecom experience, the Telenor group is now present in 14 countries worldwide with 174 million mobile subscriptions as of Q4 2009 and over 40,000 employees across the globe. Telenor Group has invested INR 6135.63 crores through new shares to hold 67.25% equity in the company. Unitech is India's second largest diversified real estate major with over 30 years of presence across locations nationwide.
The Unitech Group comes into this joint venture as a partner with decades of consumer facing experience in the Indian market, bringing with it deep insights into business as well as consumer marketing in the diverse Indian market. The company also features in the National Stock Exchange's bell weather S&P CNX Nifty Index. Uninor holds a pan-India UAS license to offer mobile telephony services in each of India's 22 circles.
Has also received spectrum to roll out these services in 21 of the 22 circles. Presently, Uninor services are available in the thirteen telecom circles of UP West (including Uttaranchal), UP East, Bihar (including Jharkhand), Orissa, Tamil Nadu, Karnataka, Kerala , Andhra Pradesh, Maharashtra, Mumbai, West Bengal, Kolkata and Gujarat.