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Videocon To Invest Rs 1200 cr For 4G Rollout In 3 Circles

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Videocon Telecom, the telecom brand of the $4 billion worth Videocon Group, Thursday said that it will be making an investment of over Rs 1200 crore in next 3 years for 4G rollout in 29 cities across these 3 circlesUP East, UP West and Bihar.

“Our strategy now is to take the first mover advantage on data and do what we couldn’t do on voice having missed the bus. This will also give is the distinction of being the first telco to offer 4G LTT FDD services on 1800 Mhz in the country, ” Arvind Bali, Director and CEO, Videocon Telecom said.

The telco will be rolling out 6 cities in the first phase, 12 cities in the second phase and another 11 cities in the last phase, covering the key potential cities across these circles, the company said.

The telco which holds 5Mhz liberalized spectrum in the 1800 MHz band in the circles and plans to utilize the entire spectrum for rollout of 4G LTE services in select cities and offer voice on overlay network in these key cities. In remaining coverage area, the telco will offer 2G voice on own network. Original post at ET Telecom

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Wahengbam Rorrkychand

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