Idea Cellular has launched its high speed 4G LTE services across all five states of South India - Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana. In the first phase, the company’s high speed 4G Network will be available across 75 Towns in Southern India.
Major towns to be covered with Idea’s 4G LTE services at launch are - Kochi, Hosur, Kadapa, Malapuram, Madurai, Mysore, Rajahmundry, Tiruchirappalli, Tirunelveli, Tiruppur, Vijayawada and Vishakhapatnam, while Belgaum, Calicut, Cuddalore, Chitradurga, Guntur, Kakinada, Kancheepuram and Trichur will follow by December 31, 2015. The company will rapidly expand 4G services in all Southern India metros and large towns including Bangalore, Chennai, Hyderabad, Trivandrum, Mangalore and Coimbatore by March 2016.
The company is also gearing to launch 4G LTE services by March 2016 in other key markets namely, Madhya Pradesh & Chhattisgarh, Maharashtra & Goa, Punjab, Haryana, North East and Orissa, in a phased manner. By June 2016, Idea’s 4G footprint will cover 750 cities across 10 telecom circles.
Currently, the company holds 1800 MHz 4G spectrum in these 10 Telecom circles which cover 50% of telecom market but over 60% of Idea’s gross revenue. Additionally, Idea has recently signed an agreement with Videocon Telecommunications Limited for acquiring ‘Right to Use’ 1800 MHz spectrum under ‘Spectrum Trading Agreement’ in two of its key telecom leadership markets of Gujarat and Uttar Pradesh (West). Post completion of this transaction, 4G services will be extended to 12 service areas, covering 75% of Idea’s revenue base in the country.
Idea Cellular is India’s 3rd largest national mobile operator, with over 170 million subscribers. With traffic in excess of 2 billion minutes a day, Idea ranks among the Top 6 country operators in the world.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1870.00 |
| Vodafone Idea | 9.25 |
| Indus Towers | 437.85 |
| Tata Communications | 1508.25 |
| Bharti Hexacom Ltd. | 1523.95 |
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