Hutch to invest $26m on Bengal network

Bs_logoImage
Our Bureau Kolkata
Last Updated : Feb 06 2013 | 6:37 PM IST
Hutchison Essar has acquired the West Bengal licence and plans to invest $26 million in the state.
 
Sandip Das, executive director said, "The wireless teledensity in West Bengal at 0.48 per cent, represents a significant opportunity for growth. This acquisition is an important part of our expansion into eastern India."
 
The company also acquired licence for Sikkim. With this, Hutchison Essar's footprint in the country now spans 13 circles.
 
Das said, "We will also be investing aggressively to strengthen our national network and customer service capabilities. We doubled our subscriber base last year. We expect significant growth again."
 
Hutchison Essar doubled its national subscriber base from two million to four million in the last one year. The company would be investing Rs 1,800 crore to strengthen its national cellular infrastructure, IT backbone, customer service network and provide innovative value added services.
 
Hutchison would be beefing up its manpower in Kolkata by adding another 200-250 people. The existing strength was around 340.
 
Das said, the equipment vendor was still under finalisation.

 
 

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories Online

  • Over 30 behind the paywall stories daily, handpicked by our editors for subscribers

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 16 2004 | 12:00 AM IST