Telenor nominates managers for Unitech Wireless
Norwegian telecommunications group Telenor ASA said Thursday it has nominated top managers for Indian mobile operator Unitech Wireless.
The Unitech Group plans to drag global communications major Telenor to the Company Law Board citing 'gross mismanagement' of their joint venture mobile phone operations by the Norwegian telco, an executive with direct knowledge of the development told ET. Unitech also plans to ask the CLB to send an observer to all board meetings of the JV company to 'ensure that its interests are protected', this executive added.