16.58 billion rupees paid for its previous licenses, may be used to reduce its first payment.
Telenor will now operate through a new venture called Telewings, held in 26 percent by Lakshdeep Investments, after buying out India n property firm Unitech from their previous venture.
The new company will take over the customers, partners and infrastructure of the old business and plans to operate in Andhra Pradesh, Uttar Pradesh East, Uttar Pradesh West, Bihar, Gujarat and Maharashtra.
Most employees would also be taken over, although 300 are set to lose their jobs, Baksaas said.
However, it failed to win a licence in Mumbai, Kolkata and West Bengal.