Vodafone spends Rs1,000 cr to ramp up Mumbai network
08 Apr 2015
Vodafone India on Tuesday said it has invested over Rs1,000 crore during the year ended March for ramping up its Mumbai network as well as retail presence.
"We have invested over Rs1,000 crore on a non-spectrum related programme, which includes ramping up network and distribution and retail presence in Mumbai circle over the past 12 months, and we will continue to invest more in the coming years," Vodafone India business head, Mumbai circle, Ishmeet Singh told the media in Mumbai.
"We remain committed to continue investing in bringing the best in class, innovative, relevant products and services to win customer delight in the years to come," Singh said.
"Although launch of 4G service is on our radar and it will take at an appropriate time, we still see big growth opportunity in 3G and voice data services," he added.
Vodafone has expanded its network footprint by adding over 1,200 new 3G and 2G sites across Mumbai in the past 12 months. During this period, Vodafone has also increased its exclusive retail footprint by rolling out seven Vodafone stores and 27 Vodafone mini stores, Singh said.
Vodafone now has more than 5,000 3G sites in Mumbai circle.
With this ramp-up, Vodafone has further extended its leadership in Mumbai across relevant industry parameters - network coverage, subscriber base, retail footprint and revenue market share (RMS), he added.