Telenor has said that it plans to invest up to Rs 155 billion in Uninor, its joint venture with Unitech Wireless.
The company expects to generate a four-fold growth in its revenue target to Rs 25 billion from its Indian arm for the fiscal 2011-12, compared to Rs 6 billion registered in the last fiscal.
Moreover, it is believed that the company plans to reduce its capital expenditure by Rs 4 billion in 2011-12, from Rs 12 billion posted in 2010-11.
Also, the operator plans to break even on EBIDTA margins by the first half of 2013 in
