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Telenor says to make decision on India operations by end-2016

Reuters
Sigve Brekke, President and CEO of Telenor, delivers a keynote speech during the Mobile World Congress in Barcelona, Spain February 23, 2016. REUTERS/Albert Gea/File Photo (Reuters)

OSLO (Reuters) - Norwegian telecoms operator Telenor must make a decision on the future of its India operations by the end of 2016, Chief Executive Sigve Brekke said on Wednesday. "We must find a solution sometime this year," Brekke told Reuters. The company previously said it may leave India unless it is able to secure additional capacity for its networks at a reasonable cost. (Reporting by Joachim Dagenborg, writing by Terje Solsvik, editing by Gwladys Fouche)