Videocon Telecom on Thursday said it has plans to invest Rs1,200 crore over three years on high-speed 4G mobile services to be launched in UP and Bihar by December at rates close to 2G and 3G Internet services. The company will also offer 4G mobile Internet plans bundled with mobile devices in these service areas.
"We have partially launched our 2G service in UP East, UP West and Bihar service areas. Our plan is to launch 4G service across select cities starting December with an investment of Rs1,200 crore spread over three years," Videocon Telecom Director and CEO Arvind Bali told the news agency.
The company has selected telecom equipment firms Huawei and Nokia Networks as its technology partner to launch 4G service in 29 cities across these service area and Deloitte as its consulting partner. Telecom equipment companies claim to have achieved 4G mobile broadband speed of about 68 megabit per second in India. At a speed of 1.5 mbps, a user can watch high definition video without any buffering which is similar to watching video on television.