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Aircel to invest $2.5 bn for pan-India roll out

Maxis Telecom-managed Aircel will be investing $2.5 billion to have its presence in all the 23 telecom circles by 2009, reports Archana Khatri.

Updated on: Sep 23, 2007 10:47 PM IST
Hindustan Times | By , New Delhi
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Maxis Telecom-managed Aircel will be investing $2.5 billion to have its presence in all the 23 telecom circles by 2009. Currently Aircel is present in 9 circles and has already received the licence to operate in another 14 circles.

HT Image
HT Image

The roll-out, however, will depend on the allocation of spectrum by Department of Telecommunication (DOT). The company will start the operations in Kolkata by this year end or early next year as it received the requisite spectrum only in May this year, company officials said.

The company also plans to make the most of its telecom tower infrastructure as tower sharing has become an additional source of revenue for telecom operators. "We cannot comment whether we will be looking to set up a separate (tower) company or a unit, but we are going to be aggressive in tower share in the coming days," said a company official.

Aircel's recent roll outs include launches in Assam, North East, Jammu & Kashmir, Orissa, West Bengal, Bihar and Himachal Pradesh. The telecom player had a subscriber base of 7.6 million as of August 2007.

 
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