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Idea Cellular to focus on growing its 3G operations: Report

19 Jun 2015 Evaluate

Idea Cellular will reportedly continue to focus on growing its 3G operations. In this regard, the Aditya Birla Group company will invest about Rs 5,500 crore in the current fiscal on its services and network expansion.

Though, in its earnings report for the fourth quarter ended March 31, India’s third-largest telecom operator was planning to launch 4G services sometime in 2016. It has 4G ready spectrum in 10 of India’s 22 circles.

Idea Cellular, an AV Birla group company, provides Global System for Mobile communications (GSM)-based wireless service at the pan-India level, it is present in all 22 telecom circles.

 

Peers
Company Name CMP
Bharti Airtel 1825.70
Vodafone Idea 14.25
Indus Towers 377.25
Tata Communications 1758.10
Railtel Corp. India 249.90
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