Business Daily from THE HINDU group of publications Tuesday, Nov 21, 2006 ePaper |
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Info-Tech
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Telecommunications Hutch, Idea get LoI for new cellular circles Our Bureau
New Delhi , Nov. 20 Hutch has got letter of intent for offering cellular services in six more circles across the country from the Department of Telecommunications. Idea Cellular has also got the nod for foraying into Mumbai. The new circles will give Hutch a pan India presence while Idea will get a foothold into one of the most lucrative telecom markets of Mumbai. A statement by Hutchison Telecommunications International Ltd confirmed that Indian subsidiary Hutchison Essar Ltd has received the LoI for licences in the six licence areas of North East, Himachal Pradesh, Bihar, Orissa, Assam, and Jammu and Kashmir. An LoI from the DOT is its offer to issue a licence upon the applicant's acceptance and payment of the relevant fees. Hutchison Essar expects to launch in these licence areas during 2007.
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