Bangalore, Apr 17 (UNI) Procall, country's leading wireless communication solutions provider, will invest about Rs 1,000 crore during the next two years for introducing Digital PTT service in India, Company CEO K Satyanarayana said today.
Talking to newspersons here, after launching next generation Digital Wireless (Radio) Solution featuring Motorola's Integrated Digital Enhanced Network (iDEN) technology, the first of its kind in the country, he said in the first phase Rs 600 crore would be invested for introducing the Digital PTT service in Bangalore, Mumbai and Delhi. It would be introduced in other cities in the second and third phases.
The new technology, migration from analogue to digital technology, was already popular in the foreign countries, he added.
Mr Satyanarayana said, to begin with, concentration would be on 'Business to Business' and later it would be extended to cover 'Business to Consumers'.
He said ''business houses in Bangalore can now avail of a service that will provide instant team connectivity at the push of a button.
The launch is a landmark event for the telecom industry in India.'' Procall CFO K N Srinivasan said the company had targeted to achieve a turnover of Rs 1,310 crore in the next five years. Last year the company's turnover was Rs 100 crore and next year it was expected to touch Rs 730 crore.
He said ''the company, which has acquired the Digital Public Mobile Radio Trunking (PMRTS) license for the circles of Mumbai, Delhi, Kolkata, Maharashtra and Goa, Tamil Nadu, Karnataka and Andhra Pradesh, has applied for licenses in seven more cities. Over the next three years Procall aims to have over one million subscribers.'' UNI MSP GKT 1535