Consumer durables major Videocon has applied for a pan-India unified telecom licence in 22 of India’s 23 telecoms zones or circles, except the north-eastern region. The group is in talks with a US-based telecom player for setting up a joint venture. Videocon plans to keep its capital expenditure to the minimum and avail towers on lease and rental basis. The company also believes that it needs to focus on its marketing ability to succeed in this telecom race.
The list of license seekers includes Unitech, Parsvnath, DLF, Indiabulls, Shyam Telelink, Stel, Swan, Cheetah, Datacom, HFCL and many more. DOT has received around 200 applications and it expects to receive some more during this month. It would be a tough deal for DOT to select appropriate applicants and provide licenses.