Tata Teleservices to invest $2 bln for CDMA, GSM roll out

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Agra, Aug 9 (UNI) Tata Teleservices today said it will invest two billion dollars in rolling out CDMA and GSM-based mobile services in the country by next two years.

''Over the next two years, the company will invest two billion dollars for setting up CDMA and GSM network,'' Tata Teleservices Managing Director Anil Sardana told reporters here.

The firm plans to invest half-a-billion dollars in this year and same amount in next year for expanding its CDMA services, he added.

The company, which currently offers mobile services on CDMA platform, has received spectrum in five circles even though it had applied for a pan-India allocation.

On the recently announced 3G policy, he said there was no clear roadmap for the CDMA operators and the matter has been taken up with the government, which has assured the players of looking into their case.

The company is excited about the opportunities that will be leveraged with the roll out of 3G services. ''I think value-added services (VAS) will benefit the most from these services,'' company President (VAS) Pankaj Sethi told UNI.

The company is also aiming to increase its subscriber base to 35 million from the current 27 million.

''We are rolling out the network very quickly wherever we have been given spectrum so far,'' Mr Sardana said adding that all orders have been placed.

UNI SR MP UCS1825

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