Mobile handset company Bling Telecom plans to invest Rs 1.2 bilion to expand its distribution network, launch new products and set up more service centres

Mobile handset company Bling Telecom plans to invest Rs 1.2 billion to expand its distribution network, launch new products and set up more service centres. The company has set a target of attaining a threefold increase in its sales to Rs 4 billion in 2010-11. The company plans to launch 27 new models in 2010-11, increase the number of its distributors from 200 to 1,200 by March 2011, and expand its service network from 34 to 150 franchisees.