Tata, Telsima to provide WiMax in 110 cities

Corporate Bureau
Posted: 2008-03-05 23:32:06+05:30 IST
Updated: Mar 04, 2008 at 2352 hrs IST

Font Size

Feedback

Discuss

Taxman’s arm may reach HK, Cayman Isles AIR FM stations enjoy highest listenership GAIL to raise 2000 cr for expansion SAIL to spend 10,000 crore in FY'10

New Delhi, Mar 4: Tata Communications, in a strategic partnership with Telsima Corporation, plans to roll out WiMax services in 110 cities for the enterprise segment and in 15 cities for the retail segment by 2008.

The joint venture is eyeing a market size of 2 lakh subscribers in the retail segment alone. Tata Communications plans to invest about $500 million spread across next three years in the WiMax venture in the country.

“The company is in talks with investors to sell a minority stake in its retail unit,” said Shankar Prasad, president, retail business, Tata Communications.

The company, which has already launched its WiMax services in Bangalore in December 2007, plans to head to Delhi next and aims to follow up by offering broadband Internet access and content services to enterprises and residential customers in the other cities of Mumbai, Pune, Chennai, Hyderabad, Cochin, Chandigarh, and Kolkata in the initial phase.

“By 2010, we want to capture a 20% share of the total market,” Prateek Pashine, vice-president, planning, broadband and retail business, Tata Communications, said.

Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)

Name		Message
Email ID
Subject

TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).

I agree to the terms of use.

Latest News

Print Edition

Events

Tata, Telsima to provide WiMax in 110 cities

Post Comments