Videocon Telecom, which bagged ISP license, is planning to invest over Rs 340 crore within the next one year to launch Internet services in 6 to 7 circles.

The investment will include the cost of ISP license, cost of network deployment and investment in hot spots, etc. Videocon plans to follow the strategy of aggressive data play.

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Currently, the state-run BSNL is the leader in the Indian broadband market.

Videocon Telecom is already offering broadband FTTX services called Connect in Punjab. The Category A ISP license allows Videocon Telecom to launch Internet services across the country.

Videocon Telecom plans to prioritize its ISP rollout starting with its existing GSM mobility circles including Haryana, Gujrat, Madhya Pradesh including Chhattisgarh, and move to metros.

Infrastructure sharing, synergy on its existing sales and distribution network, cost factor and value addition for customers in terms of 4G off load to Wi-Fi for its mobility subscribers eventually will be some of the benefits to Videocon Telecom.

Arvind Bali, director & CEO, Videocon Telecom, said: “We are an integrated telecom player, and we are expanding our footprint. Internet is the next big thing in India, and the opportunity is immense.”

Other planned services include Internet Leased Lines, Point to Point Leased circuits, hosted and cloud services and data networks through MPLS, etc.

Baburajan K
[email protected]