Videocon to launch 4G by Mid-2013
Videocon Telecommunications, one of the newer players in India’s telecom scene, announced the roll out of next generation Long Term Evaluation i.e. 4G LTE by mid-2013. Representing the third and fourth generations of mobile technology respectively, 3G and 4G networks have many differences, most notably, their rates of data transfer and signal quality.
Videocon Mobile Services Director and Chief Executive Officer Arvind Bali said;
“We will get spectrum in January and we expect to roll out our LTE services in six circles by middle of 2013. We will have spectrum across seven circles (including Punjab) constituting a high population footprint in India. These are also the areas where we enjoy a strong position already and where we see the highest potential for continued growth and profitability”.
It is said that the company has also invested Rs. 800 crore for improving network coverage and deployment of technology.
Not only Videocon, a number of operators have been reportedly planning to launch 4G services the coming year like Reliance Industries Ltd. Bharti Airtel who has already launched 4G in a lot of cities, earlier this year, is now gearing to expand the services in Mumbai and Delhi now.