Videocon Telecom has planed to start its 4G mobile services in some circles, including Punjab, by the end of this year, said company’s Director and CEO Arvind Bali on Monday.
Addressing a press conference here, Bali said, “By end of this year or latest by end of this financial year, we will launch 4G services in some circles.” The 4G services will be launched including in Punjab, Haryana, Gujarat and Madhya Pradesh, he said. He added that the company will be selling 4G at lesser than 2G rates.
An investment of around `550 crore is expected to be pumped in by end of this fiscal to roll out the 4G services in the identified circles, said he while replying to a question, on the sidelines of company’s youth engagement programme called ‘Young Manch’ for which Videocon has roped in Miss India-World-2015 Aditi Arya, who was also present.
Touching upon the Videocon subscriber base in Punjab, he added, “we have 35 lakh customers in Punjab and every month we are adding 2-2.5 lakh customers”.