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Telecom Operations to be Given a Hike of USD 2 Billion by Unitech Wireless

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A senior executive of Unitech Ltd. which is a unit of real estate major, with regard to a query states at the www.propertykhazana.com that they have decided to support around $2.0 billion for telecom operations. The amount to be given finally is to be decided only after many consultations.
It is trying to sell 67.25% hold to Telenor ASA for INR6.12 billion. At present Telenor has a 49% hold in Unitech Wireless. The money financed would be used for network equipment, real estate and for allied interests. For more and latest realty updates follow www.propertykhazana.com.
Source: NBTVLIVE

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