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Tata Teleservices draws up capex plan

Telecom service provider Tata Teleservices had drawn up a capex plan of two-billion dollar for the current fiscal.

Telecom service provider Tata Teleservices had drawn up a capex plan of two-billion dollar for the current fiscal (FY’10) for its upcoming GSM-based mobile service,which will be launched in a few weeks.

“We have a capex of two-billion dollar in FY’10 for our GSM services,which will be launched in a few weeks from now,” Tata Teleservices MD Anil Sardana said here during the company’s conference to announce its new value-added services.

The GSM launch will take place in the southern region of the country and then will move to eastern part,Sardana said.

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