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.
Delhi NCR Weather: The weather pattern changed again in Delhi NCR, drizzling started
The weather patterns have changed once again in Delhi NCR. A drizzle has started in many areas of Delhi NCR. After this the weather became pleasant and people got relief from the heat. Let us inform
Imran Khan's difficulties will not reduce even after obtaining confidence vote
The news related to the election of the Senate and the vote of confidence of the Imran Khan government was in the headlines this week in the Urdu newspapers published from Pakistan.
Delhi Assembly Election: Kejriwal said- If the AAP government is formed then Manish Sisodia will be the deputy CM, called him his commander
Aam Aadmi Party's national convenor Arvind Kejriwal addressed a public meeting in Jangpura, Delhi. He said that this time again Aam Aadmi Party's government is coming to power in Delhi. Everyone is
Srinivasan hands over World Cup trophy to Australia
Melbourne, March 29 (IANS) Former BCCI president and current ICC chairman N. Srinivasan handed over the cricket World Cup trophy to captain Michael Clarke on Sunday after Australia defeated New
G20 Meeting: First meeting of G-20 begins, brainstorming on financial inclusion, Mamta said – Bengal's GDP increased manifold
The first meeting of the G-20 under the chairmanship of India began in Kolkata today. Representatives of different countries are brainstorming about the Global Partnership on Financial Inclusion
Sonakshi Sinha jumped into the controversy over Deepika Padukone's 8-hour shift demand, saying- 'Many actors have worked less than me...'
These days the issue of work shifts is hot in Bollywood corridors. After becoming a mother, Deepika Padukone was thrown out of the film for demanding an 8-hour shift. Many Bollywood celebrities gave
Corona virus infection double killed, may damage mental health, research claims
New Delhi: Coronavirus infection is increasing worldwide. Many people are losing their lives with this virus, so there are many who are recovering and coming back home. A research has been done on
NASA DART Mission Video: NASA's mission to save Earth successfully, spacecraft collides with an asteroid
NASA has made a big record this morning. The Space Agency has successfully conducted a test to save the Earth from an asteroid. Under this, he carried out his dart mission. This is the first time that
Fog delays over 15 trains in Delhi
New Delhi, Feb 13 (IANS) At least 15 trains delayed and three rescheduled due to light fog in the morning here Friday, an official said."There was shallow fog in the morning and the visibility at
Jamui : Khushboo Pandey, who calls herself a 'Hindu lioness', arrested, accused of inciting violence in Jamui
Khushboo Pandey, a resident of Malaypur, who calls herself a Hindu lioness, finally got caught in the clutches of the police. The police raided and arrested her on Monday night at around 9:00 pm.
