Telecom player Aircel intends to invest Rs.1,000 crore in Andhra Pradesh by December 2009, as part of its $5 billion (approx Rs.25,500 crore) pan-India expansion plan spread over the next three to five years.

The company is likely to build base stations, install switches and intelligent network, create a data centre and set up offices, besides enhancing retail presence during the year 2009. While the company has already invested Rs. 500 crore as a part of the Phase I expansion in Andhra Pradesh, the rest will be invested by end-2009. With completion of Phase I scheduled for May 2009, Aircel will be able to set up 450 stations for Hyderabad and Secunderabad. This will be scaled up to 1,000 base stations, covering all major cities like Vijayawada, Visakhapatnam, Warangal and Cuddappah, in the following 60 days, and touch 2,000 stations by end-2009.

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Aircel plans Rs.1,100 crore for Phase II expansion in Karnataka (25-Feb-09)