Update: Tata Teleservices (Maharashtra) has clarified to the BSE on the news report, stating that the report relates to its promoter company Tata Teleservices and it is currently not aware of of any such discussions as mentioned in the report. It said: "With reference to the news item appearing in a leading financial daily titled "Telenor quiet on talk of Merger with Tata Tele", Tata Teleservices (Maharashtra) Ltd has clarified to BSE that the report relates to Tata Teleservices Limited, which is the Promoter of the Company and the Company is not aware of discussions as mentioned in the press reports." Earlier (Nov 29): Norway based telecom operator, Telenor, is in talks with Tata Teleservices to combine its operations in India, according to a report by Bloomberg. The report cites three people with direct knowledge of the matter as source, and also adds that Japanese telco NTT Docomo, which has a 26% stake in Tata Teleservices, will most likely stay as a shareholder. Note that the Hindu BusinessLine had also suggested that the two could go ahead with an alliance, in July, this year. Telenor has however, declined to comment on any prospective deal, saying that it does not comment on rumors or speculation. How this makes sense for Telenor Telenor's woes started with the Indian Supreme Court cancelling 122 2G licences issued to nine telecom operators which included licenses for thirteen circles held by Telenor with its joint venture partner Unitech. Telenor was then involved in a long drawn battle with Unitech, and following its decision…
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