Telenor takes key step toward 2G license auction

Norwegian telecoms firm Telenor has submitted an application for pre-qualification in India's auction of its 1800 MHz mobile phone band, the firm said on Friday.

"A final decision on whether to participate or not will be taken before the auction starts," Telenor said in a statement.

"Telenor Group continues its efforts in securing a new Indian partner and in obtaining all necessary approvals to transfer Uninor assets into the new company," it added.