Ahmedabad: Telecom service provider Videocon Mobile Services will invest Rs 800 crore in Gujarat for opening over 500 towers and 150 exclusive outlets in the current fiscal. The company is looking at regaining its lost ground after it lost the 2G licence. It achieved a five fold increase in Mobile Number Portability in last three months, claimed the official.
"We have 4,096 towers in the state and will add another 500 in the current fiscal. Another 1,000 will be added in the next fiscal," company CEO Arvind Bali told media persons in the city. The company already added 1,291 towers in June 2013. It also plans to increase its exclusive stores from 42 to 200 in Gujarat. It has decided to open 500 dedicated stores in the country by March 2014. It has already invested Rs 400 crore in Gujarat.
The company registered the second highest number of new subscribers in May and June in Gujarat, bringing its total subscriber base in the state to 8.5 lakh. "About 20- 25% of new subscribers were migrants from other service providers who have availed of Mobile Number Portability (MNP) facility. This was a five-times increase in MNP subscribers in the last three months. Within 6 months of comeback we have added second highest net subscriber additions in the state for last 2 consecutive months," he said.
Videocon is now focusing of increasing the consumption of data by its consumers. It claims that its GPRS service is one of the major reasons for growing its subscriber base in the state.
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