Management change in Uninor

(Thomson Reuters ONE) -


(Delhi/Fornebu 9 July 2010) The board of Uninor has accepted the resignation of
Stein-Erik Vellan as managing Director. Sigve Brekke, Head of Telenor Asia
Region, has been nominated as the Managing director of Uninor pending all
regulatory and statutory approvals in India, and will also continue to be the
head of Asia for Telenor.

Stein-Erik Vellan was the Managing Director of Uninor during the initial rollout
of the operations in India and will now move on to a different position within
the Telenor Group.

 "Stein-Erik Vellan and his team in Uninor have done a good job in launching the
services of Uninor in record time. I would like to thank Stein-Erik for his
efforts in building up a vital new player in the competitive mobile market in
India" says Jon Fredrik Baksaas, President and CEO of the Telenor Group.

Eight months after Telenor Group entered into India, Uninor started offering its
services in December 2009. Telenor has ownership interest of 67.25 per cent in
Uninor. Unitech Group's ownership interest is 32.75 per cent.

Contact
Scott Engebrigtsen, Communication Manager, Telenor Group,
Tel: +47 90043484, E-mail:scott.engebrigtsen(at)telenor.com


[HUG#1430621]








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Source: Telenor via Thomson Reuters ONE

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Datum: 09.07.2010 - 10:40 Uhr
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