The Videocon Group, one of India’s leading global business conglomerates which recently released an arsenal of mobile phones has now launched its GSM mobile services. The service offering a scheme of ‘sub 1 paise effective tariff’ will be available in 100 cities all over the country. Mr.Venugopal Dhoot, the chairman of the Videocon Group launched the service in Chennai with actress Shruti Hassan during the inauguration ceremony. Continue reading “Videocon launches GSM Mobile Services in Chennai”
You might have already seen The new Videocon logo and advertisements in TV and Newspapers. Videocon which is a well known consumer brand in India is now selling mobile phones too under the brand name of Videocon Mobile Phones . If you are in Tamil Nadu-Chennai, Andhra Pradesh, Pondicherry and Mumbai you can buy Videocon Mobiles Continue reading “Videocon Mobile Phones”
Consumer durables major Videocon Group, which has bagged national telecom licence through its subsidiary Datacom Ltd, would roll out the GSM services from Chennai on August 15 this year.
Unveiling the plans, Videocon Chairman Venugopal Dhoot said that GSM services would be first launched in Chennai on August 15, to be followed by other metros, Kerala and North India.
“The national rollout plan will be completed in 18 months,” Dhoot added. Datacom intends to build up a subscriber base of around 10 million in three-four years of launch.
Datacom had obtained licences for providing GSM services in 22 circles across the country.
Dhoot said telecommunications would be a focus area for Videocon Group in the coming years and the group would invest around Rs 6,000 crore in this business. Continue reading “Videocon to start telecom services from Chennai”
So screamed the headlines in almost all Business dailies.
The Videocon group is interested in buying Motorola’s handset business.
Motorola’s handset wing is struggling for survival, as was evident from their poor showing at all world events such as CES 2008 and MWC 2008.
“We have hired one of the world’s top three investment bankers who will convey our interest to buy out the mobile handset business of the US company,” Group Chairman Venugopal Dhoot told Business Standard.
According to Dhoot, Videocon is ready to launch its pan Indian GSM mobile operations at an investment of Rs 6000 crores.
“The Indian market for mobile phones is around 120 million units a year and we have our own retail chain stories (Next) that we can leverage. Also, we can transfer the manufacturing plant to India to leverage cheap labour in the country,” added Dhoot. Continue reading “Videocon to bid for Motorala’s Mobile business”