Idea Cellular plans to invest $2 billion to achieve a pan-Indian presence

News , December 15, 2006

Idea Cellular plans to invest about $2 billion over the next two-three years to achieve a pan-Indian presence. It has also received an LoI and clearance from DoT for starting operations in Bihar and Mumbai circles respectively. Idea's entry into Mumbai has been delayed by six-eight months due to lack of spectrum. The company is also considering entry into the ILD segment.


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