Tata Teleservices Limited begins investment to increase its subscriber base

Tata Teleservices Limited (TTSL) has begun investing heavily to increase its subscriber base. The firm will put in close to Rs 40 billion in 2006-07 to extend its network to 4,000 towns mainly in the Uttar Pradesh, Orissa and West Bengal circles. It will also invest Rs 1-1.5 billion in Punjab and Chandigarh where it will introduce tailor-made solutions to enhance its customer base by 50-60 per cent. Finally, TTSL will spend Rs 30 billion to launch operations in three additional circles by the end of this financial year.