MTNL to invest Rs 1,312 cr

Category: News | No Comments | Posted on September 15, 2005

Targeting about 5.5 lakh new wireless connections in the national capital, state-run MTNL will invest Rs 1,312 crore for expansion in Delhi and NCR region in the current fiscal.

“We will invest Rs 1,312 crore in 2005-06 for developmental plans of our services. Our target is four lakh GSM and 1.5 lakh new CDMA connections in the year for which Rs 610 crore will be invested in Delhi,” MTNL Executive Director (Delhi) A K Arora told newspersons here. The rest of the amount will be for network upgradation and new services, he said.

MTNL has 5.47 lakh Dolphin (GSM) subscribers and 1.17 lakh Garuda (CDMA) customers. It will float a tender for 3G services with a capacity of 20 lakh subscribers next year.

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