Telenor says not stated any compensation amount to India government
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Telenor says not stated any compensation amount to India government

www.reuters.com   | 27.03.2012.

NEW DELHI (Reuters) - Norway's Telenor ASA has not stated any compensation amount in its letter to the Indian government on a possible arbitration after its licenses were ordered cancelled by the country's top court, a company spokesman said on Tuesday.
Telenor says not stated any compensation amount to India government

"However, we will seek compensation for all investment, guarantees and damages," Glenn Mandelid said in an email to Reuters.

The Times of India newspaper earlier reported the Norwegian company was seeking nearly $14 billion in damages.

(Reporting by Devidutta Tripathy; Editing by Ranjit Gangadharan)


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