MoneyWorks4Me

Idea Cellular plans to launch 4G LTE services in 10 circles in early 2016: Report

23 Sep 2015 Evaluate

Idea Cellular, one of the biggest cellular carrier of the country, is reportedly planning to roll out 4G LTE services in 10 circles including Kerala in early 2016. The company will be competing with Bharti Airtel, Reliance Jio Infocomm, Vodafone India when it hits the 4G market.

The company has 4G licenses in 11 circles, and spent nearly $5 billion during the massive March auction to ensure it has the spectrum required to roll out 4G. The company is also planning to add 4,200 cell sites in FY 2016 to close the financial year with over 15,000 cell sites in order to improve the experience of one crore customers on 2G, 3G and 4G networks.

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 1831.65
Vodafone Idea 14.34
Indus Towers 379.95
Tata Communications 1777.00
Railtel Corp. India 253.20
View more..