AT&T Eyes Strategic Partnership With Videocon’s Datacom
US telecom giant AT&T (NYSE: T), which was recently issued National and International Long Distance (NLD and ILD) licenses and has been ramping up its Indian presence is eying a strategic partnership with Videocon’s Datacom. Videocon expects spectrum allocation in 19 circles and has announced an investment of Rs 6,000 crore to set up a pan-India network by the end of 2008. Considering creating a pan-India network would cost Datacom 14,000 crores in addition to what its 2008 spends suggest, a strategic partner may be more necessity than strategy.
According to this ET report, Videocon may hold out until spectrum is allocated in-order to ensure leverage in case of a JV, which has another suitor, the Spanish telco, Telephonica. Videocon plans to garner a minimum of 10 million subscribers by 2011-2012.
Thats good news for india.
Thats even better news for US and AT&T;
its really a gr8 news at&t;coming to india & vodafone, virgin networks already in india
Taking Ravi Sharma is great & strategic too. Good news for all technocrats.
kk sinha
Its good news for the telecom sector, but before starting the services , a clash has been started between promoters like HFCL 's Mr Nahata and it may distract the foreign collabrators.
This is good news for me for god job apportunity
this is a good news for the RF Engineers that we all waiting for a good career in good company so i choose datacom
Its a good news for BSS engineers getting a more apportunity.
What happed in Datacom…
Its a good news For the young engineers,those who are like to work in telecom sector and also for those who still working like me,as telecom sector is now in growing stage so that I can proudly say that I am a part of this and also For Our country.