Videocon Telecom to Invest Rs. 210 Crores to Expand GSM Services in Gujarat

Videocon Telecom, part of the $10 billion Videocon group, on Tuesday introduced an investment of over Rs. 210 crores in Gujarat telecom circle in the current financial yr.

The funding might be on its GSM offerings community growth, where the telco plans to deploy over 450 new mobile web sites with a goal to gather 3.5 million new customers this financial yr in Gujarat circle, the business enterprise said in a assertion.

“with the intention to toughen our footprint in Gujarat circle, we will be making an investment Rs. 210 crores on this monetary year. Our funding will primarily be on community growth and rollout of broadband offerings, in addition to other emerging corporations” stated Arvind Bali, Director & CEO, Videocon Telecommunications Ltd.

of those 450 new websites, 330 sites will be for geographical coverage expansion throughout 142 new towns, and any other 120 sites for capability enhancement to accommodate greater customers, the assertion delivered.

The telecom enterprise presently has three,989 mobile web sites in Gujarat and offers network insurance across 836 towns within the country.

The corporation, which recently bagged pan-India internet service company (ISP) license, can also be investing on roll out of broadband services, mainly on FTTH (fibre to the home) and wi-fi broadband at the free band 2.four Ghz spectrum, the agency stated.

It plans to roll out broadband offerings in pick out pockets across key towns which include Ahmedabad, Surat and Vadodara in segment 1 of its rollout plan.

The agency similarly said that it’s far planning to venture into rapid growing mobile pockets and e-commerce enterprise except launching a worldwide SIM for global visitors.

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