Vodafone to launch 3G services by year-end

Company has secured 3G spectrum in nine circles

PTI | July 28, 2010



Vodafone Essar Limited, the Indian subsidiary of Vodafone Group Plc, aims to launch 3G mobile services by end-2010, a top company official said.

Broader services of 3G will be available by the first quarter of next year, he added.

"We are ready to launch 3G services in nine circles by this year-end. We are waiting for spectrum allocation. As soon as we get the spectrum, we will be able to launch our services," Vodafone Essar Chief Executive Officer and Managing Director Marten Pieters told reporters here today.

Vodafone had secured 3G spectrum in nine circles in the recent 3G auctions for Rs 11,617 crore. The circles included Delhi, Mumbai, Kolkata, Chennai and Tamil Nadu, Maharashtra & Goa, Gujarat, Haryana, Uttar Pradesh (East) and West Bengal, covering over 60 per cent of the company's current customer base.

"Vodafone Essar has secured a critical strategic footprint across the country, particularly in the markets where we expect the main demand for 3G services to be in the next few years. We expect a strong uptake for 3G in these markets, particularly among the higher value customers, which is a growing segment owing to rising affluence and increasing urban population," Pieters said, adding that the customer would have to pay more to get better 3G services.

Commenting on the Indus Tower IPO, Pieters said, "We are in de-merger process and are supporting the initial public offering of Indus Tower. But, it all depends on the financial market and other related issues."

In late 2007, India's top mobile operators -- Bharti Airtel, Vodafone Essar and Idea Cellular -- had decided to pool their resources and hive off their towers into an independent firm, Indus Towers, with over one lakh towers.

Vodafone Essar is also open to mergers and acquisitions, if they provide value to the company as well as shareholders.

"If it (M&A) is able to provide a good proposition to us, we will look into that. However, prices and regulations in the current situation are not favourable for mergers," Pieters added.

Comments

 

Other News

Cabinet approves museum at North-South Block complex

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday has approved the development of the Yuge Yugeen Bharat Museum (YYBM) at the North and South Block Complex, New Delhi, at an estimated total project cost of ₹3,230 crore, as appraised by the Public Investmen

Cabinet approves extension of Noida metro corridor

The Union Cabinet, chaired by prime minister Narendra Modi, has approved the extension of Aqua Line Metro Rail Corridor from Noida Sector-51 to Greater Noida Sector-04 of Noida Metro Rail Project with corridor for a length of 8.449 km with 5 elevated stations. On operationalization of this corridor, Noid

India reaffirms commitment to climate multilateralism

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), calling for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framewo

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter