INDIA BUSINESS WORLD SEPTEMBER (16th - 30th) 2007
The Month that was ...
AIRTEL GETS DIRECT TO HOME LICENCE; TO INVEST RS 150 CR
Bharti Airtel has said that it has got licence to start direct-to-home services in the country and announced an investment of Rs 150 crore in the first phase to launch nation-wide operations, a move that would bring in much required competition in the DTH segment. “We have received the licence and plan to launch pan-India services by the first quarter of next financial year,” Bharti Airtel head (DTH operations) N Arjun said. Company officials said Bharti would be investing Rs 150 crore in the initial phase on infrastructure for which its has chosen Tendberg Television, a subsidiary of Sweedish telecom equipment major Ericsson.
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