Uninor hires 2,000 in India to roll out mobile services

Uninor, a joint venture between Norway’s Telenor, the world’s sixth-largest mobile phone firm, and

RELATED ARTICLES

Indian real estate major Unitech, has hired over 2,000 staff to launch its mobile service in three western telecom circles, a top official said.

“We have hired over 2,000 staff to roll out services in the Mumbai, rest of Maharashtra-Goa, and Gujarat circles in the second quarter of the calendar year,” said Olav Sande, executive vice-president, western hub, Uninor. The firm will go pan-India within two years with a total investment of Rs 15,500 crore, he added.

The company did not announce tariff for the three western circles, saying it would be competitive. At present Uninor offers two price plans in the eight circles it operates: a base plan called talklonger@29p and a subscription plan called callmore@29p.

Sande said Telenor that owns 67.25 per cent has already infused equity of Rs 6,100 crore in February 2010 and another Rs 9,400 crore will be raised as debt by the JV.

The telecom company has set up seven zonal offices in Mumbai, rest of Maharashtra-Goa, and Gujarat circles.

“We want to cover at least 130 big cities and towns in these circles with our superior technology network,” Sande said, adding that the company was following renting towers business model to cover the entire 22 telecom circles in the county for which the company has obtained license.

“From the present 14,000 towers we have hired from Tata Teleservices under the service level agreement, we will hire a total of 20,000 towers to go pan India within two years”, he said.

Sande said since its service launch on December 3, 2009 in eight circles, it had garnered 3.55 million subscribers. Sande said the firm targeted to achieve operating cash flow break even in five years.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.

FC NEWSLETTER

Stay informed on our latest news!

EDITORIAL OF THE DAY

  • Opportunity to cash in on US, Europe sanctions against Iran

    You choose your friends but not your neighbours.

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Japan’s living national treasures

While the world is fascinated by the economic “miracles” in ...

Robert Clements

Cherish good times and accept bad ones

Initially, I was angry and confused, I was even repentant…,” ...

Bubbles Sabharwal

Mothers just see things differently; they can’t help it

Before we begin on mothers, I have to share this ...