The telecommunication arm of the $four billion Videocon group, Videocon Telecom will bid for another 2 megahertz (MHz) of spectrum every for its Chhattisgarh, Madhya Pradesh and Punjab telecom circles at the upcoming auction, a company commentary stated in New Delhi on Wednesday.
At current, it has 4.4MHz of spectrum in Punjab and 5MHz of spectrum in Madhya Pradesh-Chhattisgarh telecom circles.
The telecom operator is already nearing height capacity utilization in some pockets or cities, and taking into consideration the long term trade viewpoint, the choice of buying further spectrum promises to be simpler, in line with Videocon Telecom.
“Telecom is a long run trade and any funding in this sector has to be looked at from a long run point of view. we’ve got been contemplating the need for extra spectrum in Punjab and Madhya Pradesh & Chhattisgarh telecom circles due to the fact there may be at all times a exchange-off between deploying extra sites and acquiring extra spectrum,” Arvin Bali, director and chief executive officer of Videocon Telecom said.
“then again, taking into consideration our increase plans, business projections and the fact that we wish to provide the best experience to our clients, we’re planning to acquire additional spectrum for Punjab and Madhya Pradesh & Chhattisgarh circles,” Bali said.
“Additional, the incremental capacity created by means of the additional 2MHz spectrum shall be at the least two times the prevailing capacity given trucking affectivity. additionally, the deliberate 2MHz additional spectrum in Punjab telecom circle being a liberalized one, will supply us the choice to offer 4G LTE narrowband carrier there,” he mentioned.
The company also said it’s quickly planning to roll out 4G LTE products and services.