UK-based service provider, New Call Telecom is planning to invest $100 million (Rs 6 billion) in the Indian telecom market. New Call Telecom intends to acquire mid-level broadband service providers in the country to enter the fixed-line connectivity, Wi-Fi and messaging businesses. New Call is looking to acquire four firms in India, and the announcement for the same is likely to come by end-September 2014. The company is also looking at possible collaborations with Indian incumbent operators.
New Call is also looking at implementing an ecosystem for over-the-top broadband services in India, leveraging the infrastructure of the existing service providers.
The company aims to offer fixed-line broadband and public Wi-Fi services in the country and its initial focus for 12-24 months will be on the metro cities. After this, the company would be tapping the semi -rural and rural areas of the country for its internet services.
