Tata Investing 2 Billion $ In Telecom

TATA Teleservices are planning to invest 2 billion$ in GSM mobileservices and wanted to expand their services. They are currently working on the CDMA phone services and wanted to explore it more and gives the user more services. They also want to cut down the rates of call and other factors too so that it can help the company at sale figure.

The director of the company said "The company expanding and wanted to invested the money in both the services GSM and CDMA. They wanted to invest the money in next 2 years and some promoters are also investing money in the expansion.

The GSM roll out is important for TATA as through it can expand their circle in the market. Currently they were ranked 6 among the other mobile phone service provider. They were also looking to expand their subscriber base. The company has received spectrum circle for 6 circles and the future can tell us what TATA'S can delivered.