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Monday, May 5, 2008

Aircel to invest $4bn in upgradation

Mobile Service Provider Aircel, which is 74 per cent owned by Malaysia's Maxis Communications, is aiming to invest an amount of $4-5 billion in beefing up the existing network and also in rolling out its service in mobile operations in the remaining circles by 2010.

Aircel invested close to $500 million in 2007 and aimed to double it by 2009. Aircel launched its GSM services in Kolkata, its tenth circle, on Monday.The Kolkata launch completed Aircel's eastern region footprint.

Aircel will have a 200-seater customer care centre providing service in Kolkata and Durgapur to back up 1,200 retail outlets in Kolkata. Aircel had 7,000 towers now and aims to acquire 15,000 more towers either by merger or acquisitions at a cost of $1.6million.

Aircel aimed to roll out Wimax in Kolkata for corporate clients and also launch BlackBerry services within two to three months.

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