If I’m not wrong Telenor - Unitech merger was valued at $375 million. Back in the year 2009, Telenor bought 49% stake in Unitech Wireless (the telecom arm of a realty firm Unitech). In a year or so, it raised its stake to over 60%.

Though the Joint Venture license was canceled by the Apex court in India in 2012, it remained in the Indian market. However, after the exit of Unitech, Telenor has got 100% control on the businesses. Then, the company rebranded itself from Uninor to Telenor. Wait and watch for the next part of the story.