• Welcome to DreamDTH Forums - an online community for the television and tech enthusiasts!

    Please Log in or Register yourself to ask a question, participate in a discussion.

Videocon to invest Rs 340 crore to expand internet services all over India (1 Viewer)

mmadhankumar

Staff member
Dream SMOD
Joined
6 May 2012
Messages
8,908
Reaction score
13,948


Videocon Telecom said it will invest over Rs 340 crore in a year to expand internet services in 6-7 circles starting with Haryana, Gujarat and Madhya Pradesh.

“We are an integrated telecom player, and we are expanding our footprint. Internet is the next big thing in India, and the opportunity is immense. We plan to invest over Rs 340 cr on this venture within next one year, and owing to our experience in Punjab,” Videocon Telecom Director and CEO Arvind Bali said in a statement.

The Department of Telecom granted pan-India internet service provider (ISP) licence to Videocon group firm Quadrant Televentures, which operates under the brand of ‘Connect Broadband’ in Punjab.

The investment shall include cost of ISP licence, cost of network deployment and investment in hot spots etc, the statement said.

The telecom operator said that its priority is to roll-out services starting with its existingGSM Mobility circles including Haryana, Gujarat, MP including Chhattisgarh, and then move to Metros.

The telcom operator is also mulling synergy with its D2H arm to provide content to its broadband subscribers.


Videocon to invest Rs 340 crore to expand internet services in India - Tech2
 

sagar.patnaik

Dream Shine
Joined
20 Nov 2014
Messages
949
Reaction score
198
Great, I think they need to invest more
 

Users Who Are Viewing This Thread (Users: 0, Guests: 1)

Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock