Telecom industry Videocon Telecom has announced its investment plans in Gujarat Telecom circle. The company is planning to invest over Rs 2100 million in Gujarat Telecom circle in the current financial year. The investment will be on its GSM services network expansion. It will also be investing to enhance its packet core to accommodate growing data usage on its recently upgraded 2.75G EDGE network.
Videocon Telecom plans to deploy over 450 new cell sites, of which 330 sites will be for geographical coverage expansion across 142 new towns, and another 120 sites for capacity enhancement to accommodate more users. The company currently has 3989 cell sites in Gujarat and provides network coverage across 836 towns in Gujarat.
Videocon Telecom plans to rollout Broadband services in select pockets across key cities including Ahmedabad, Surat and Vadodara in phase 1 of its rollout plan. The company will be offering other services including smart city solutions, security solutions, e-surveillance, android and IOS platform based application including content and games. The telco also plans to venture into fast growing mobile wallet and e-commerce business. Among its android and ios platform based applications, Videocon Telecom will be rolling out a Gujarati chat application to give that local connect to users.
Focusing on its retail presence, the telco also inaugurated its five-hundredth exclusive branded retail store in Ahmedabad. It plans to add another 250 stores across its operating circles in this financial year taking up the total count to 750 across its operational circles.
Arvind Bali, director and CEO, Videocon Telecommunications Ltd. said in the official announcemnt, “Gujarat telecom circle is potential circle and of utmost importance to us. In order to strengthen our footprint in the circle, we will be investing Rs 210 crore in the circle this financial year. Our investment will primarily be on Network expansion and rollout of broadband services, in addition to other emerging businesses. With rollout of 450 new sites, we will be adding 142 new towns in our Network footprint this year taking up the overall coverage to 978 towns. We plan to acquire 3.5 Mn new customers this financial year in Gujarat telecom circle, and this network expansion will be an important aspect to the same.”
“We will also be rolling our broadband services in Gujarat this year, to start with in key pockets of Ahmedabad, Surat and Vadodara. The rollout primarily will be on FTTH, and we shall also be looking at wireless boradband,” Bali added.