Tuesday, December 30, 2008

RCom plans to invest Rs 4,000 crore on 3G network

Reliance Communications is looking forward to participate in the 3G auction slated for next year, company chairman Anil Ambani said Tuesday.

The company has planned an investment of Rs 2,000 crore to Rs 4,000 crore on 3G services, he said.

Ambani also said the company would participate in the auction for spectrum on a nationwide basis and not restrict to a few circles.

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