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Videocon to invest Rs 400 crore in Kerala | India's leading business conglomerates, Videocon, which launched its GSM mobile services in Kerala, will be investing Rs 400 crore in the state with over 1500 signal towers or BTS in the first phase. Aravind Santhanam, Chief Operating
Officer, Tamil Nadu and Kerala, said about Rs 200 crore to Rs 250 crore has already
been invested in the state The services have been started with a network of 1500
BTS at the time of launch, which is expected to touch 2500 by year end. The launch
of Kerala services is part of the company's plan to cover 100 key cities and towns
over 100 days. Videocon has targeted to cover 100 per cent of the urban population
and 70 per cent of the rural population in subsequent months. "The brand will
have a retail presence in over 15,000 outlets in the State from day one and plans
to cover 22,500 outlets within 6 months, offering easy access to customers across
the State," said Santhanam. Videocon, which is the 11th mobile service provider
in Kerala, is aiming to reach top three in the next three years. |
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