RPT-BRIEF-Telenor cautious on India, Vimpelcom-Orascom deal

(Repeats to additional Reuters clients)

OSLO, Oct 27 (BestGrowthStock) – Telenor ASA (TEL.OL: ):
* Cautious on whether Q3 India subscriber base growth
sustainable
* Says 2010 India CAPEX cut mainly a deferral to 2011
* India operations have been looking more positive
* Price level in India needs to be revised up in long-term
perspective
* Says has to “wait and see” if Vimpelcom (VIP.N: ) deal with
Orascom meets criteria for Vimpelcom shareholders

RPT-BRIEF-Telenor cautious on India, Vimpelcom-Orascom deal