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Videocon Telecommunications Limited (formerly Datacom) has rolled out its GSM-based mobile telephony services in the Tamil Nadu circle.

April 15, 2010
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Videocon Telecommunications Limited (formerly Datacom) has rolled out its GSM-based mobile telephony services in the Tamil Nadu circle. It plans to invest about Rs 15 billion in the state and is targeting to set up 50,000 retail outlets by end-March 2011.

The company intends to invest Rs 140 billion for its overall operations in the country over the next three years. The State Bank of India will allocate Rs 70 billion of the total sum while the balance will be sourced from equity and suppliers' credit.

 
 
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