People walk past advertising for Uninor on a street in Mumbai. Telenor warned it could be forced to reconsider its presence in India if the New Delhi revises the terms of its spectrum licence amid a political scandal over regulation of the Indian telecoms industry.<br /> <br /> Unitech, since renamed Uninor, is one of five companies alleged to have benefited from irregularities that an official audit claimed had cost the Indian government $39bn in lost revenues from spectrum licences. <br /> <br /> Further reading : http://www.ft.com/cms/s/0/f391ebb0-33b4-11e0-b1ed-00144feabdc0.html#axzz1DWW1eUZh
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