Touchtel plans to invest Rs 75 crore in Karnataka

By SiliconIndia   |   Tuesday, 20 May 2003, 07:00 Hrs
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BANGALORE: Touchtel, the Bharti group's fixed line service provider, on Monday announced that it would invest Rs 65-75 crore in Karnataka in the next six months.

"We are investing between Rs 65 crore to Rs 75 crore to expand our business in the state," Touchtel Karnataka chief operating officer, Prem Pradeep told reporters.

The company had over 40,000 subscribers in the state, of which nearly 80 per cent were in Bangalore, he said.

Pradeep said the firm planned to roll out its services in 27 new areas of which four were in rural and the rest in semi-urban areas like Hubli, Manipal and Udupi.

Touchtel has invested close to Rs 200 crore in its land line operations in the state.

The company announced eight new plans for its subscribers with rentals ranging from Rs 250 to Rs 1,650 per month and free calls ranging from 50 to 1,800 pulses.

Pradeep said an unlimited local call plan for heavy users at a fixed rental of Rs 1,100, besides a plan of up to 200 free units every month to a mobile number in the country had been introduced.

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