Videocon Telecom, the telecommunication service provider from the Videocon Group will bid for additional 2 Mhz spectrum each for the Punjab and Madhya Pradesh/Chhattisgarh Telecom circles in the upcoming spectrum auctions.
Videocon Telecom already holds a 4.4 Mhz spectrum in Punjab and a 5 Mhz spectrum in Madhya Pradesh & Chhattisgarh telecom circles but is still eyeing for a bigger Customer market share and Revenue market share with this bid as the current spectrum bands are nearly occupied leaving no space for new customers. According to the company itself, they have been consistently recording highest percentage growth in Net subscriber addition in all its operational circles and has been among the Top 3 players in Subscriber Net additions consecutively for last 5 months.
Videocon Telecom holds a liberalized license in 6 of its 7 license areas and will soon roll out 4G LTE FDD services. The additional spectrum in Punjab telecom circle, being a liberalized one, will also give the operator the option to offer 4G services using the narrowband FDD technology in Punjab as well.
Mr. Arvind Bali, Director & CEO Videocon Telecom, says, “Telecom is a long term business and any investment in this sector has to be looked at from a long term perspective. We have been contemplating the need for additional spectrum in Punjab and MP/CG telecom circles since there is always a trade-off between deploying additional sites and acquiring additional spectrum. However, considering our growth plans, business projections and the fact that we want to give the best experience to our customers, we are planning to acquire additional spectrum for Punjab and MP/CG circles”.
He further adds, “Further, the Incremental capacity created by the additional 2 Mhz spectrum will be at least 2 times the existing capacity given trunking efficiency. Also, the planned 2 Mhz additional spectrum in Punjab telecom circle being a liberalized one, will give us the option to offer 4G LTE Narrowband service there”.