Videocon announces USD193m 4G rollout plan

19 Feb 2015

Videocon Telecom has unveiled plans to invest more than INR12 billion (USD192.56 million) in its 4G network over the next three years, with plans to roll out coverage to 29 cities in three circles, Uttar Pradesh East, Uttar Pradesh West and Bihar. The Economic Times quotes the cellco’s CEO and director Arvind Bali as saying: ‘Our strategy now is to take the first mover advantage on data and do what we couldn’t do on voice having missed the bus. This will also give us the distinction of being the first telco to offer 4G Frequency Division Duplex Long Term Evolution (FDD-LTE) services on 1800MHz in the country.’ The network rollout is to be broken down into three stages, the first of which will cover six cities, whilst phases two and three will see deployments in twelve and eleven cities respectively.