Videocon Mobile To Soon Roll Out 4G Enabled Handsets

BENGALURU: Videocon Mobile Phones, the handset brand of the $4 billion Videocon Group, is mulling a rollout of its fourth generation 4G-enabled mobile phones, a top official said.

"We are working on 4G enabled handsets and it will be out," Videocon Mobile Phones chief executive officer Jarold Pereira told IANS.

However, Pereira could not quote a price for the 4G device. He said the company will manufacture 4G handsets going by the requirement.

"There are other operators who are planning to launch 4G services soon. We do not want to miss out on the opportunity. If we roll out our own handset during that time, we can go for bundled offers," Nikhil Garg, sales head, Videocon Mobile Phones, told IANS.

Videocon Telecom said it is all set to invest over 1,200 crores for 4G rollout in 29 cities. The service will be rolled out in three circles in UP East, UP West and Bihar, the company had said earlier.

"We can also go for bundled offers with our own services," Garg said, adding: "The company has set a sales target of six million handsets per month by 2016."

Saying that the company's mobile phone business is still at a nascent stage, he added: "It is five-year-old. We started manufacturing mobile phones from our two factories at Aurangabad and Kashipur. Around 100,000 units are manufactured every month in both feature and smartphone category ranging between 800-900 and 5,000.”
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