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BRIEF-Telenor CEO says India deal on track for Q1 closing
August 22, 2017 / 11:42 AM / 3 months ago

BRIEF-Telenor CEO says India deal on track for Q1 closing

Aug 22 (Reuters) - Telenor Chief Executive Sigve Brekke told an investor conference on Tuesday:

* Telenor has so far received three out of four required permits for sale of India unit to Bharti Airtel; lacking only approval from India’s telecoms ministry

* India deal remains on track for closing in Q1 2018

* Repeats don’t expect us to make any major M&A moves going forward; will focus on growth in current markets Further company coverage: (Reporting by Joachim Dagenborg, editing by Terje Solsvik)

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