GSM investments to be decided after getting licence: Dhoot

Videocon GSM mobile services would decide on the quantum of investments to be made for entering the 3G services after getting the licence, group chairman Venugopal N Dhoot said today.

"We have applied for licences and are hopeful that we will also get 3G services. But the investments to be made will be decided after we get the license", he told reporters here.

He said the company has applied for 3G licences in all circles, barring Mumbai and Delhi, but was not sure how many they would get.There are a total of 23 circles in the country.

Speaking here after launch of the company's GSM services in Tamil Nadu, he said they have invested a total of Rs 14,000 crore for the purpose and had set themselves a target of being among the top three telecom companies by the year 2013.

Apart from investments made, the company has also set aside Rs 1,500 crore particularly for Tamil Nadu, he said, but declined to divulge further details.

In the next fortnight, they would also roll out services in key cities across Punjab, Haryana, Gujarat, Kerala, Madhya Pradesh and Mumbai, he said.