Videocon Telecommunications, formerly Datacom Solutions, is planning to launch telephony services in the Mumbai circle on February 20, 2010. The company is also planning to complete its pan-Indian roll out of services within 18 months. It has set aside an investment of Rs 90 billion for this purpose, to be generated partly from internal accruals and partly through loans from banks. The company, which is looking to become profitable within five years, has already invested Rs 52 billion of the total planned expenditure.
