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Telenor to Expand in Asia; Expects to Break Even in India

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Citing its 40 million subscriber base in India, Norwegian telecom major Telenor today said it expects to break even soon in the country and is planning to expand in other parts of Asia.

“Our earlier experience turned out to be an expensive investment but now we have nearly 40 million subscriber base in India and we are expected to break even soon,” said Svein Aaser, Chairman of the Board of Directors of Telenor, during a function here.

Aaser also appreciated talents in India. “Indian talent pool is great and we have trained them in Norway as well,” he said, terming India as the most competitive market where people think differently. Original post at ET Telecom

 

Wahengbam Rorrkychand

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Website: http://www.blog.tonsetelecom.com

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