Tata Tele plans big Rs 4,000 cr spend
Deccan Herald — June 22, 2006

Tata Teleservices has chalked out a Rs 4,000-crore mega investment plan for this fiscal to expand coverage to 4,000 towns across the country.

Tata Teleservices CEO Darryl Green said the company has also tied up with Chinese firm ZTE for providing 2,600 base stations to expand its network in remote areas.

"We plan to expand our network dramatically, for which Rs 4,000 crore will be spent by March 2007," Green said on the sidelines of the launch of new CDMA handset in tie-up with Samsung.

Speaking about the new handset Mr Green said it was India's first anti-theft mobile tracker and emergency SOS alert CDMA mobile handset.

In case it was stolen and sim card on the phone was replaced, the handset automatically sent an SMS to upto two pre-selected numbers giving the contact number of the new user without the new user knowing about it.

The handset also has a feature of sending automatic SOS to upto 10 pre-selected numbers if the user faced any emergency situation. The user only has to press 'C' key four times to activate it. The new handset has been developed specially for Indian market.