Uninor wins fresh spectrum and adds new circle in auction

Uninor wins fresh spectrum and adds new circle in auction Press Releases: 13 February 2014

Uninor confirms that it has successfully acquired additional spectrum in the 1800 MHz band in four of its six existing circles - Uttar Pradesh East, Uttar Pradesh West, Bihar and Jharkhand and Andhra Pradesh - and in the new circle of Assam at an investment of INR 8,447 mil.

With this additional spectrum, Uninor will be able to enhance its voice and data capacity by approximately 20% to 25% in the four existing circles of Uttar Pradesh East, Uttar Pradesh West, Bihar and Jharkhand and Andhra Pradesh.

It is critical that mobile tariffs remain affordable for the mass market after the auctions. With its auction strategy, Uninor has ensured that it can continue to offer the most affordable tariffs in each of its seven circles while maintaining a healthy business case. We have now secured a spectrum platform for continuing growth and profitability in each of our circles, said Morten Karlsen Sorby, nominated CEO of Uninor.

Telenor Group has always stated that we have a long term perspective on our investment in India. I am pleased that Uninor through this auction has strengthened its competitive advantage as a cost efficient operator. Uninor is now well positioned to continue its growth path through offering affordable mobile services to even more customers in India, both in existing circles and in Assam where we believe the Uninor model fits very well, said Sigve Brekke, Head of Telenor Asia region.

In Gujarat and Maharashtra, Uninor will improve capacity and coverage through a significant expansion of network sites. The company has already announced its largest ever network expansion of over 30% to be completed in 5 months. With the new circle of Assam, Uninor will now be able to potentially serve an additional population of more than 30 million and will shortly announce the launch of its sabse sasta (most affordable) services and bring new competition into the market. With these auctions, Uninor's footprint now increases to seven circles.

Spectrum acquired by Uninor in the 1800Mhz band:

UP East - 1.8 MHz

UP West - 2.0 MHz

Bihar and Jharkhand - 2.2 MHz

Andhra Pradesh - 1.4 MHz

Assam - 6.0 MHz

Contact

Glenn Mandelid

VP Communications

Telenor Group

Mobile: 47 926 61 300

E-mail: glenn.mandelid@telenor.com

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