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Have not stated any compensation amount: Telenor

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CIOL Bureau
New Update

NEW DELHI, INDIA: Norway's Telenor ASA has not stated any compensation amount in its letter to the Indian government on a possible arbitration after its licenses were ordered cancelled by the country's top court, a company spokesman said on Tuesday.

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Also read: Telenor seeks $14bn in damages from India 

"However, we will seek compensation for all investment, guarantees and damages," Glenn Mandelid said in an email to Reuters.

The Times of India newspaper earlier reported the Norwegian company was seeking nearly $14 billion in damages.

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