IDEA to invest 300-400 crore in K’taka
December 30th, 2008
IDEA Cellular has said it has Plans to invest 300-400 Crore in its Karnataka network.
Idea has plans to expand its recently acquired Spice Communication Ltd; The Mobile Company wants to reach 78% of villages my march 2010. At preset the company operates close to 40% of villages in Karnataka.
Its Recently acquired Spice commutation has around 9-10% markets share compare to its rival Bharti Airtel, with idea taking over spice it is expected to put more money into increase it coverage and improve technology.