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Tata Tele earmarks Rs 606cr for east
Sanjiv Sinha in Calcutta on Tuesday. A Telegraph picture

Calcutta, May 13: Tata Teleservices Limited will invest Rs 606.6 crore in the eastern region this fiscal.

The CDMA major will shell out Rs 290.2 crore for launching its services in Assam and the Northeast by August 15.

“We have a pan-India presence with only Jammu and Kashmir and the Northeast left to be covered. Our services will be launched in both these places on August 15,” said Sanjiv Sinha, regional head (east) and chief operating officer (Calcutta circle) of Tata Tele.

The company will invest Rs 427.8 crore to add 713 towers to the existing 1,774 in the eastern region. Tata Tele had recently announced that it would invest Rs 500 crore in the Northeast over the next three years to build a strong infrastructure in the region.

Initially, Tata Tele will set up 255 towers in Assam and the Northeast. The CDMA service provider also signed a memorandum of understanding with the Assam Small Industries Development Corporation Ltd to develop telecom services for industrial estates and commercial entities in the state.

Tata Tele has set a target of 10 lakh subscribers in Calcutta in 2008-09, with 2.5 lakh walky and 7.5 lakh CDMA mobile subscribers.

Tata Indicom today launched a fixed wireless phone — the Walky Talky — for Rs 1,299 with activation cards for the postpaid service at Rs 100 and Rs 200 for the prepaid one.

“As far as infrastructure upgradation is concerned, we already have an established network with 412 towers. With the state government issuing directives on erecting towers, we have to see how it goes in the future and how many more we need to build or share,” Sinha added.

The current subscriber base of Tata Tele, including walky and mobile, are 1.2 million in Calcutta and 6.4 lakh in Bengal. Till now, the company has invested Rs 372 crore in the city.

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