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Calcutta Telephones Plans Rs 500 Cr Investment

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KOLKATA: Calcutta Telephones, the Kolkata circle of the state-owned telecom operator Bharat Sanchar Nigam Ltd, will invest Rs 499 crore in 2008-09 for technology upgrade of its network, said a top company official here on Monday.

"We plan to launch data card in October," said Calcutta Telephones chief general manager S.K. Chakravarty at a press meet.

The company has planned an investment of Rs.1.7 billion for mobile service expansion that includes 400,000 mobile subscribers. An additional 300 base transceiver stations (BTS) will be added with Rs 110 crore investments in the 2G segment.

By December, the company expects that the 3G with 575 BTS will become operational on an investment of Rs 60 crore.

It will invest another Rs 97 crore for CDMA expansion, Chakravarty said.

SRC: ET

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