Norwegian telecom group Telenor on Thurdsay said it is looking to enhance its presence in Asia which could include a possible entry into India's growing mobile market.

"We have been present in Asia for more than a decade. As a long-term and industrial player, we have all ambitions of developing and increasing our presence in this region," Telenor Asia (ROH) Ltd Communications Director Esben Tuman said. "As part of this, we naturally discuss and consider different opportunities."

Asked if the company has started talks in this regard with any firm here, Tuman said, "We do not as a principle comment on rumours and speculations. In general, however, it is part of our strategy and the way we work to constantly keep our eyes and ears open."

A team from Telenor was recently in India to assess such possibilities, sources said. The company has mobile operations in Pakistan, Bangladesh, Thailand and Malaysia.

Recent media reports have linked Telenor to BPL group company Loop Telecom which has a pan-India GSM license.

Analysts said India is the world's second largest and the fastest growing wireless market which could not be overlooked by any global player with an Asian presence.

With revenues drying up from matured markets, India's 297 million wireless subscriber base offers tremendous scope for growth.