Spice Group to invest up to $300 mln in Punjab, Karnataka circles

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New Delhi, May 23 (UNI) Spice Group today said it will invest 200-300 million dollars in its two telecom circles during the current fiscal.

''We will invest 200-300 million dollars in the two circles (Punjab and Karnartaka). As we get more visibility on spectrum, we will invest more,'' Group President (Global Operations) Dilip Modi told reporters on the sidelines of a conference here.

Spice Group owns telecom firm Spice Communications Ltd and operates in the Punjab and Karnataka.

UNI SR/PDT AK PM1400

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