Videocon Telecom plans to invest Rs 250 crore for network expansion and rollout of broadband services in Gujarat during the current financial year.
The two-year-old company will start broadband services in Ahmedabad, Surat and Vadodara in the first phase and also roll out one-of-its kind Gujarati chat service.
“Our investment will be on our GSM services network expansion, where we plan to deploy over 450 new cell sites. Of these 330 cities will be for strengthening the existing network across 142 new towns, and another 120 sites for capacity enhancement to accommodate more users,” said Arvind Bali, director & CEO, Videocon Telecommunications Ltd on Tuesday. The company currently has 25 lakh customers across 836 towns in the state. “We plan to take our subscriber base to 35 lakh by the end of this year,” Bali added.
Talking about the launch of the broadband services, the official said, “The rollout primarily, will be on FTTH (Fibre to the Home) and wireless broadband on the free band 2.4 Ghz spectrum.”
The company also plans to offer other services including smart city solutions, security solutions, cloud telephony, audio conferencing solutions and e-surveillance. “From the IOS and android application development front, we will soon be rolling out one of its kind Gujarati chat service,” Bali said. The teleco also plans to venture into fast growing mobile wallet and e-commerce business.