New Delhi, Feb 19 (IANS) Videocon Telecom, the telecom brand of the $4 billion Videocon Group, will be investing over Rs.1,200 crore in the next three years for 4G rollout in 29 cities, a company statement said here Thursday.
The service will be rolled out in three circles in UP East, UP West and Bihar, the statement said.
"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 us the distinction of being the first telco to offer 4G LTE FDD services on 1800 MHz in the country," Arvind Bali, director & chief executive officer, Videocon Telecom said.
"We plan to invest over Rs.1,200 crore in the next 3 years for rollout of 4G services in these 3 circles, and with this, we also plan to prioritise our ISP rollout in these circles to compliment 4G," he said.
The company plans to offer 4G data at 2G or 3G rates to encourage early adoption, and will be offering bundled devices as well.
"We will be offering bundled 4G devices including Mifi dongles," Bali added.
The telco which holds 5Mhz liberalized spectrum in the 1800 Mhz band in the circles plans to utilize the entire spectrum for rollout of 4G LTE services in 29 key cities and offer voice on overlay network in these select cities. In remaining coverage area, the telco shall offer 2G voice on own network.
The company will be rolling out 4G in six cities in the first phase, 12 cities in the second phase and another 11 cities on the third covering the key potential cities across these circles.
It is working closely with Deloitte as its consulting partner and Huawei & NSN as its technology partner, who are also Videocon Telecom's partners in their existing operations.
Talking about the voice market, Bali said: "The voice market is already skimmed, with the incumbents in a dominating position having acquired a sizeable base of stable, loyal and high usage subscribers. Given the market dynamics, it doesn't make sense for a new telco to compete in the voice domain with ever shrinking margins and high cost."
Among other opportunities Videocon is looking to form intra-circle roaming (ICR) arrangement with other telcos for 4G data, which could come as an added business line for them or/and barter for voice ICR, the statement said.
Nirbhaya case: what is going on in the minds of the culprits, the secret may soon open
nirbhaya case: The Delhi High Court has directed the Tihar Jail Administration on the plea of a media house that it should take a decision on Thursday by taking into consideration all the facts
India ready to launch its fourth navigation satellite
Chennai, March 28 (IANS) An Indian rocket is readying to blast off at 5.19 p.m. on Saturday carrying the country's fourth navigation satellite IRNSS-1D from the Sriharikota rocket port, the Indian
Uttarakhand Accident: Tragic accident in Pithoragarh, Uttarakhand, jeep fell into a 600-meter-deep ditch; nine people died
A painful accident took place in Pithoragarh, Uttarakhand. A jeep going from Sama in Bageshwar to Hokra temple in Munsiyari block of Pithoragarh district overturned from the road and fell into the
Kolkata Rape Case: Doctors' protest continues in Swasthya Bhavan, said- they are frustrated sitting in AC rooms and we...
Today, a full month has passed since the case of rape and murder of a female trainee doctor in West Bengal. But, the state government, police, and CBI are still empty-handed. This has caused
Defense News: Defense Minister Rajnath Singh said, 'The war is fought with the enemy's army, not with their citizens'
Defense News: There is war with the army of the enemy country, not with their common citizens. Therefore, there is a dire need for precision ammunition in the country as was used during the Balakot
IND vs SA: What did Hitman Rohit Sharma say, compared the victory in Cape Town with this historic match
India captain Rohit Sharma compared the team's win in Cape Town to the win at the Gabba. Rohit has described the victory in Cape Town as one of the best victories ever in the history of Indian
Maar Khayegaa Song: The teaser of Bachchan Pandey's first song came in front, Akshay Kumar was seen in dreadful style
The trailer of Akshay Kumar's upcoming film Bachchan Pandey has been released recently. The trailer of this film has received a tremendous response from the fans. The story of the film is based on a
Delhi Murder Case: Sahil murdered Nikki under a conspiracy after the engagement party. Police engaged in secret
In the Nikki Yadav Murder Case, the Crime Branch of Delhi Police is engaged in uncovering the secrets related to the murder of the accused Sahil Gehlot. New facts related to the case are continuously
Nirbhaya convict Pawan's curative petition dismissed from Supreme Court, lawyer AP Singh linked hanging to Corona
The Supreme Court has dismissed the curative petition of Pawan, convicted of Nirbhaya. Pawan had filed the plea stating that he was a minor at the time of the crime. The four convicts of Nirbhaya are
India exposed Pakistan's lies in front of Muslim countries, Shrikant Shinde said- we exposed it with evidence.
Pakistani propaganda has been exposed among the member countries of OIC. After Operation Sindoor, India sent all-party MPs under the leadership of MP Shrikant Shinde on a foreign tour under 'Mission
