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Vodafone Invests Rs. 1,000 Crores to Ramp Up Network in Mumbai

Vodafone Invests Rs. 1,000 Crores to Ramp Up Network in Mumbai

By Press Trust of India | Updated: 8 April 2015 12:48 IST

Vodafone India on Tuesday said it has invested over Rs, 1,000 crores for ramping up network as well as retail presence in Mumbai during the last fiscal.

"We have invested over Rs, 1,000 crores on non-spectrum related programme, which includes ramping up [of] network and distribution and retail presence in Mumbai circle over the past 12 months (April 2014-March 2015) and we will continue to invest more in the coming years," Vodafone India Business Head, Mumbai circle, Ishmeet Singh told PTI.

"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 7 Vodafone stores and 27 Vodafone mini stores, Singh said.

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.

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