We are committed and will invest another USD one billion in India in FY'14 for capacity building," Vodafone India MD & CEO Marten Pieters said on the sidelines of an event here. He, however, hinted that investments in India might not continue if the Vodafone Group did not get returns from its investments. Vodafone Group has invested Rs 81,000 crore in acquisitions and another Rs 55,000 crore of capex in the past six years, but the parent did not get adequate returns, Pieters said. "Is this fair?" he asked.
Also read: Telecom: Story of policy surprises, subdued growth
On the 2G spectrum issue, Pieters said, "We are ready to pay market related price." He said the price for the 900MHz should be benchmarked to 1800MHz for valuation. On auction, Pieters said, "We favour auction of unused spectrum, but not for the spectrum which is already in use for existing operations."
Asked what solutions the company was expecting, Pieters said, "We are not unwilling to talk with the government." He said that the government should not differentiate between 800MHz (CDMA)and 900MHz spectrum pricing and offer a level playing ground. Pieters also ruled out the possibility of Vodafone India IPO unless uncertainties for the company ended.
"We all need a more favourable environment," he said. Reacting to court observations on sharing of 3G spectrum, he said: "We think we are entitled to this roaming pact, though the government clearly thinks that we are not. The matter is in court. So, lets see how it unfolds." Vodafone said it is not in favour of rolling out 4G services in India soon. "We took a position and it's too early for 4G. 4G is a natural transition for 3G. It also depends on the penetration of smart phones and spectrum allocation," Pieters said.
Asked what solutions the company wanted, Pieters said, "We are not unwilling to talk with the government." He said that the government should not differentiate between 800MHz (CDMA)and 900MHz spectrum pricing and offer a level playing ground.
Pieters also ruled out possibility of Vodafone India IPO unless uncertainties for the company ended. "We all need a more favourable environment," he said. Reacting to court observations on sharing of 3G spectrum, he said "We think we are entitled to this roaming pact, though the government clearly thinks that we are not. The matter is in court. So, lets see how it unfolds."
Vodafone said it was also not in favour on rolling out 4G service in India soon. "We took a position and it's too early for 4-G. 4G is a natural transition for 3G. It also depends on the penetration of smart phones and spectrum allocation," Pieters said.
Anda sedang membaca artikel tentang
Vodafone India to invest USD 1 billion in FY'14
Dengan url
http://gayafashionshow.blogspot.com/2013/04/vodafone-india-to-invest-usd-1-billion.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Vodafone India to invest USD 1 billion in FY'14
namun jangan lupa untuk meletakkan link
Vodafone India to invest USD 1 billion in FY'14
sebagai sumbernya
0 komentar:
Posting Komentar