India's Uninor Opens 367 Retail Stores in One Day
Published on: 15th Apr 2014
India's Uninor says that it opened a massive 367 retail stores in just one day as the company makes a major push into expanding its retail footprint.
The company now has just under 1,500 stores across the six circles where it has network licenses.
"In one day, 367 new exclusive Uninor retail stores opened up for business in the six circles. This is a 30 per cent expansion of the exclusive retail footprint that takes Uninor to 1,480 exclusive stores - the second largest among all operators in these six circles," the company said in a statement.
Uninor is majority owned by Norway's Telenor and secured its licenses in the auction that followed the cancellation of Telenor's previous partner's licenses in 2012.
The company has licenses to operate in UP West, UP East, Bihar, Maharashtra and Goa, Andhra Pradesh and Gujarat.