Sistema Shyam Teleservices (SSTL), which operates under the MTS brand, today said itspend $200 million ((about Rs 1,093 crore)on the roll out of 4G services in India. It however said that this is not going to happen in 2013.
"Its (LTE) not going to start this year. So speaking about the future, it will be spread over 3 or 4 years." He said the services will be focussed mainly on tier-II and tier-III cities”, said SSTL President and CEO Vsevolod Rozanov.
The company said that it has an enhanced network, which will deliver excellent quality and a clear roadmap to LTE (4G).
It said that the expenditure will include support of around $100 million from existing infrastructure for 4G services.
SSTL which lost 21 spectrum licences following Supreme Court’s verdict on February 2, 2012 has begged 3 blocks of 1.25 Mhz each in 8 telecom circles: Delhi, Kolkata, Gujarat, Karnataka, Tamil Nadu, Kerala, Uttar Pradesh (West) and West Bengal for Rs 3,639 crore in the recently concluded spectrum auction
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