Videocon consumer durables gaint today announced that the next 100 days will be the deployment of its commercial GSM mobile phone services in 100 cities in India and expects 10 million subscribers in three or four years.
According to the previous announcement that it plans to use its extensive network of dealers throughout India (more than 10,000 existing Videocon distributors) to reach customers and expects to have 10 million subscribers in the first 3-4 years after launch .
The operator should merge with Metro-M "and" Next "electronic stores to sell their GSM SIM cards.
Videocon de Telecomunicaciones SA (LTV), which was recently renamed Videocon Mobile Service is a subsidiary of durables major Videocon Group.
It is one of eight new entrants UAS has received licenses to 15 telecom circles to provide mobile services.
Venugopal Dhoot's Videocon Industries informed on Thursday launched its GSM services in the country. It started its services in Chennai, and with this launch, the mobile operator 13 in India. Dhoot said that he planned to spend up to Rs 14.000 millioner rupees in the GSM business in the next three years.
Videocon has a presence in the oil and gas and DTH services,
in addition to consumer electronics. The company plans to launch services in 100 cities in two days, and the rates tend to be less than one paisa.
Videocon into the already crowded market is likely to put further downward pressure on the already bottom rates. The telecommunications sector is increasingly facing strong pressure on sales growth and EBITDA margins.
Commenting on future plans for business, Dhoot said:
"We want to be among the three largest providers in the country over the next three years to achieve this, we plan to invest Rs 14.000 millioner rupees in this business."
Videocon, formerly known as Datacom is one of the new licensees who are licensed issue Unified Access Services (UASL) in 2007. Videocon has licenses for all 23 circles and plans to become a pan-European operator in India in late September. The company is currently in the process of creating 70,000 base stations in the country, of which 3000 have already been taken in Tamil Nadu.
"We have asked for licenses and hopes for 3G services. But the investments will be decided after obtaining permission," said Dhoot. He said the company had applied for 3G licenses in all sectors, except in Mumbai and Delhi.
In two weeks, the company plans to launch services in major cities in Punjab, Haryana, Gujarat, Kerala, Madhya Pradesh and Mumbai, Dhoot said.
Chennai: The Videocon Group has 13 mobile operator in India with the launch of GSM services in Chennai on Thursday. The company plans to launch services in 100 cities in the next 100 days, and a pan-India player by the end of September.
"Although it may seem that the market is flooded
with new players, the truth is that India's teledensity is still only 46%. So there is a huge untapped market, which we plan to target with our plans to appeal," says Venugopal Dhoot , Chairman, Videocon Group. "In view of our customer base of 100 million customers, we want to be among the top three players in this market over the next three years."
Dhoot said that the group will invest R 14.000 millioner rupees over the next three years - Rs 7000 million rupees have been allocated by the State Bank of India, the remainder coming from equity and credit providers.
The burgeoning mobile phone industry added 250 million subscribers in the last three years and is expected to hit 800 million in 2015.
Play in the price factor, which most newer players, Videocon plans to launch a sub 1 paisa tariff plan, whose details have not yet been announced. "In this industry, it is not a profit from day one. This is a volume based business value-added services (VAS) also plays an important role. In addition, mark Videocon always insisted value for money," Dhoot said. We hope to attract new users and once number portability comes, people are safer to migrate to our service. "Dhoot also said that the company has applied for 3G licenses in 20 circles.
The company has access to around 70,000 towers across India - some owned by the company, some shared - and about eight call centers where customers can get help in 15 languages. "We put in our backend in place before we launched so that customers are not disadvantaged in any way. We will give incentives to increase our customer base," he said.
Videocon has recently announced to launch GSM service in India. Learn about Videocon GSM Mobile plans, prices and subscription details.
According to the official announcement of the company will use towers of 3400 to provide premium service to subscribers with an investment of Rs 1500 rupees through 550 cities in the state of Tamil Nadu in the next week. Videocon will have a presence in more than 19,000 retail outlets since the first day and covers 50,000 outlets within a year, allows easy access to customers throughout the state.
Venugopal Dhoot, Chairman, Videocon Group, while launching its GSM service in Chennai Thursday told media that, as part of its expansion strategy, the company launched its GSM services in the area of Tamil Nadu on Thursday. Similarly, it would also launch its GSM services in major cities like Haryana, Kerala, Punjab, Gujarat, Andhra Pradesh, Uttar Pradesh, Madhya Pradesh, Maharashtra and Mumbai in late September. It also called for mobile services is accompanied futuristic 2.75g Videocon GSM EDGE network, with state of art of value and incredible customer service. Mr. Dhoot promised to deliver unique sub, a paisa efficient pricing, which is planned for all sectors of society.
He told the media that the telecommunications company Videocon build partnerships with global corridors facing the telecommunications industry with global experience and will create a future communication infrastructure ready. Nokia Siemens Networks, IBM, Comverse, Cisco, Amdocs, Gemalto's, Avaya, Wipro, Huawei and Oracle are the main partners in the company. Videocon mobile services subscribers will be offered a wide range of enhanced voice, data and SMS services. Customer service will be delivered in 15 indigenous languages, with eight centers across the country. Aravind Santhanam, Chief Operating Officer, Tamil Nadu Circle, said Videocon has plans to spend Rs. 15.00 crore in Tamil Nadu for GSM services and will create about 20,000 jobs in the circle. The company will consist of a network of 3,400 stations to distribute the trans-receiver excellent service to users across 550 towns in Tamil Nadu in the next week.
The large electronic Videocon Group has come up
with the idea to launch a new GSM service in India with an attachment of about Rs.14, 000 crore over the next 3 years.
Videocon Telecommunications Ltd, plans to take over quickly by covering over 100 cities / municipalities in the coming period of 100 days.
According to the previous announcement that it plans to use its extensive network of dealers throughout India (more than 10,000 existing Videocon distributors) to reach customers and expects to have 10 million subscribers in the first 3-4 years after launch .
The operator should merge
with Metro-M "and" Next "electronic stores to sell their GSM SIM cards.
Videocon also launched nine more aircraft, including triple-CDMA mobile phones, SIM, thus increasing its current bid for 12 aircraft to 21
Rahul Goel, COO, Videocon Mobile, said: "We offer a wide range of value for money proposition.
We strive to be a single window for the client and respond to every class and age, with a price range from Rs.1, 300 to Rs.19, 000 in a premium area.
"The implementation of a future ready 2.75g GSM EDGE networks, Videocon mobile services that offer subscribers innovative value-added services (VAS) and superior customer service and sub unprecedented UN at a country effectively designed all pockets with a rate plan that is transparent and simple, "he said.
Venugopal Dhoot's Videocon Industries informed on Thursday launched its GSM services in the country. It started its services in Chennai, and with this launch, the mobile operator 13 in India. Dhoot said that it planned to invest up to Rs 14.000 millioner rupees in the GSM business in the next three years.
Videocon has a presence in the oil and gas and DTH services, in addition to consumer electronics. The company plans to launch services in 100 cities in two days, and the rates tend to be less than one paisa.
Videocon into the already crowded market is likely to put further downward pressure on the already bottom rates. The telecommunications sector is increasingly facing strong pressure on sales growth and EBITDA margins.
Commenting on future plans for business, Dhoot said: "We want to be among the three largest providers in the country over the next three years to achieve this, we plan to invest Rs 14.000 millioner rupees in this business."
Videocon, formerly known as Datacom is one of the new licensees who are licensed issue Unified Access Services (UASL) in 2007. Videocon has licenses for all 23 circles and plans to become a pan-European operator in India in late September. The company is currently in the process of creating 70,000 base stations in the country, of which 3000 have already been taken in Tamil Nadu.
Friday, 26 March 2010
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