
Videocon to deploy more sites, scraps spectrum plans

Indian GSM mobile operator Videocon Telecom has decided not to participate in the upcoming spectrum auction. The company earlier said it would bid for additional spectrum in several circles but now says it will deploy more sites rather than acquiring more spectrum. "In Punjab circles, 25 out of 92 blocks are not available in Ludhiana and Amritsar, and these are places where we are facing a little congestion, so we'd rather deploy more sites than acquiring spectrum. So it doesn't make any sense for us to bid here," The Economic Times quotes Videocon CEO Arvind Bali as saying.
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