UK-based telecom company, Vodafone Group is planning to invest $1 billion in upgrading its telecom network and its retail stores in the Indian market. The company is using the cash from the $130 billion sale of its stake in US-based Verizon Wireless to invest in its international networks and drive expansion in emerging markets like India. It is of the view that laying new optic fibre to connect its base transceiver stations in India will drive data demand.
Though the network is being upgraded for faster services and majorly on account of the increasing data use, the rollout has been constrained by low average revenue and limited wireless spectrum in the country.
Also, by 2015, the telecom operator is planning to roll out 4G network in India and expand 3G network in every service area by 2017.
