Norway-based Telenor ASA (TELNF.PK), after having been refused twice, has now been approved to...

|About: Telenor ASA (TELNF)|By:, SA News Editor

Norway-based Telenor ASA (TELNF.PK), after having been refused twice, has now been approved to up its stake in India's Telewings Communications from 49% to 74%, the maximum foreign investment in telecom allowed. India has recently been reported to be considering allowing 100% foreign ownership.