India Gets its 13th Mobile Phone Network

The Videocon Group, on Thursday, announced the launch of its GSM mobile services for the Tamilnadu circle.

Videocon Telecommunications Limited, a group company, has planned roll-outs covering 100 key cities over the next 100 days including Punjab, Haryana, Gujarat, Kerala, Madhya Pradesh and Mumbai circle in the next fortnight. It envisages investments of around Rs 14,000 crore over the next 3 years. Videocon Group Chairman Venugopal Dhoot said, “The launch is a decisive step forward in Videocon’s vision of enabling convergence right from within ‘Homes to Outside’, from a television’s large screen to a handset’s small screen.” On revenues from mobile services, Dhoot said the company expects to raise $3.8 billion to 4 billion by 2013 with an ARPU (Average Revenue Per User) of $1.6 billion.