Subhiksha cross 100 mobile stores mark

Hyderabad, Jul 23: Subhiksha Mobile, India's largest telecom retailer, has crossed the 100 mark in the number of mobile stores in Andhra Pradesh.

Subhiksha Mobile, which started its operations in the state only in the second half of 2007, has 59 stores in Hyderabad and 43 stores in other cities of the state, and holds about 15 per cent share of the mobile retail market in Andhra Pradesh. In a statement, Subhiksha MD R Subramanian said, ''Andhra is a very important state for us and we are delighted to be the first mobile retailer to cross the 100-store benchmark here.'' The company plans to add 800 to 1000 more mobile stores to its current number of 750 mobile stores all over India with a total investment of Rs 500 crore by the year end.

UNI