February 23, 2017 / 5:47 AM / 7 months ago

BRIEF-Bharti will not pay any cash for Telenor's India unit

Feb 23 (Reuters) - Telenor said:

* Bharti Airtel will not make any cash payment for Telenor’s India unit but takes on future pay commitments for spectrum and mobile phone towers, a Telenor spokesman said

* Telenor’s accumulated losses since entering India in 2008 have been about NOK 24 billion ($2.87 billion); no more losses triggered by Bharti deal Further company coverage: ($1 = 8.3505 Norwegian crowns) (Reporting By Terje Solsvik)

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