BSNL to foray into CDMA platform, invest $500 mln

New Delhi, Jan 14 (UNI) Public sector telecom firm Bharat Sanchar Nigam Ltd (BSNL) today said it will foray into the CDMA platform with an initial invest of about 500 million dollars.

After the application for CDMA license is approved, ''the company plans to roll out this service in all major cities and towns,'' BSNL CMD Kuldeep Goyal told reporter here.

The GSM giant also plans an initial investment of about 500 million dollars, he added.

The move will pose a tough competition to CDMA players such as Reliance Communications and Tata Teleservices.

UNI SBA SR/MP DB1202