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Videocon Plans Next Generation Telecom Foray

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In the recently concluded 2G Spectrum auction, Videocon Mobile Services bagged liberalized spectrum in six circles of Haryana, Madhya Pradesh-Chhattisgarh, Gujarat UP west, UP east, Bihar and Jharkhand.

 

Having re-won the spectrum for the 6 circles, viz, Gujarat, Haryana, MP, Chattisgarh, UP (East), UP (West), Bihar & Jharkhand and with the ongoing operations in Punjab, Videocon Mobile Services will ensure that customers keep on enjoying the best services and great value for money product offerings seamlessly.

 

The  spectrum won by Videocon in the recent auction is paired and liberalized, i.e., the spectrum can be used to roll out Next Generation Networks and Services by adapting a 4G technology FDD LTE. This enables operators to gain more efficiency using the same spectrum resources. Next-generation network technologies enable about 30 times more data capacity than a traditional 2G network, allowing telcos to extend the lifespan of existing spectrum assets and reduce the amount of additional spectrum required. Videocon Mobile Services is planning to roll out complete 4G products & services across the newly won circles in 2013.

 

Videocon Mobile Services Director & CEO, Arvind Bali said, “We have spectrum in 7 circles constituting a very high population footprint in India. These are also the areas where we enjoy a strong position already and where we see the highest potential for continued growth and profitability. "

 

GSM Services brand ‘Videocon Mobile Services’ has become one of the fastest growing telecom services in Punjab. Videocon Group plans to further strengthen the telecom business in Punjab by investing additional Rs 800 Crores towards creating 100% network coverage.