Tuesday, August 22, 2006

TIME TO SQUARE THE CIRCLE

EXPANSION OF OPERATIONS IN THE RIGHT CIRCLES SHOULD BE ADOPTED…


Until recently, this was an idea languishing in the midst of ownership tussles. However, post April 2006 buyout of Tata’s 48.14% stake by the Birlas, Idea Cellular seems hell bent upon challenging the clichĂ© ‘a stitch in time saves nine’. But the question is whether the Rs.25 billion expansion (publicised by the company on July 30) would change its status quo. According to Vikram Mehmi, CEO, Idea Cellular, “We have a three pronged strategy that will focus on improving coverage, service delivery and distribution.” Idea has applied for a license to initiate GSM operations in 12 more circles, taking their count of circles to 20.

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Source:- IIPM-
Business and Economy, Editor:- Prof. Arindam Chaudhuri - 2006