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Telenor ASA Refuses To Be Drawn On Tata Teleservices Ltd Merger Talk-The Economic Times

Wednesday, 28 Nov 2012 05:13am EST 

The Economic Times reported that Telenor ASA refused to comment on reports it is in talks to merge its Indian operations with local firm Tata Teleservices Ltd as it seeks to enlarge it presence in the mobile phone market. The state-run Norwegian firm, the phone operator in the Nordic region, is seeking a majority stake in the proposed merged group. 

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