The Chennai-based
Aircel is mulling over an investment of Rs.1,100 crore as a part of its Phase II
expansion in Karnataka.
Under Phase II, the
telecom operator plans to set up 1,200 new base stations in Karnataka over the
next two months. Currently, the company has 500 base stations across the state.
So far, the company has invested Rs.550 crore as start-up investments in
Bangalore. Besides, Aircel launched its GSM mobile services in Bangalore on
23 February 2009.
Aircel has operations
in 11 telecom circles, which include Tamil Nadu, Himachal Pradesh,
Jammu & Kashmir, Bihar, Orissa, Assam and Kerala.
Also See:
Aircel to infuse
Rs.500 crore in Kerala (12-Feb-09)