02-02-2010, 08:26 AM
Quote:Indian telecom sector will witness more competition from this month, with Videocon-owned Datacom's decision to launch mobile operations in Mumbai on February 20.
It plans to cover the entire country within 18 months. "We will complete the pan-Indian roll out in next 18 months," Videocon Industries President & Vice Chairman Pradeepkumar N Dhoot told.
Datacom, a subsidiary of consumer durables major Videocon Group, was one of the eight new operators who were given licences in January 2008 to provide nation-wide cellular services.
To be renamed as Videocon Telecommunication Ltd, Datacom has earmarked an investment of Rs 9,000 crore and is looking at becoming profitable in 3-5 years.
dishplus