Augere Wireless firms up broadband plans
“We will do pilot runs in September and be doing soft launches by February and a full-fledged launch in the first half of next year,” said Lars Stork, CEO, Augere Wireless Broadband India.
In the BWA auctions held June last year, Mukesh Ambani-owned Reliance Infotel had won the bid for all the 22 circles on offer, while Aircel won eight, Bharti Airtel and Qualcomm won in four circles and Tikona in five circles. BWA spectrum winners will be launching broadband services on 4G technology by the first half of next year, which is expected to provide faster access to the internet for consumers.
Augere, the UK-headquartered company, last month received FIPB approval to increase foreign equity from 49% to 74%, to offer broadband wireless, internet and other related services by allowing a fresh FDI inflow of R54 crore in the company. Investors in the company include Harbinger Capital, France Telecom, New Silk Route and Vedanta Opportunity Fund as well as its founder, Sanjiv Ahuja, former CEO of Orange.
Stork acknowledged the fact that it will take time for the uptake of these services, mainly due to the
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