Bharti Televenture's new plans

NEW DELHI, OCT. 25. Bharti Televentures is planning to invest up to $1 billion for new fixed line and cellular projects, as part of plans to apply for basic licences in additional circles with its interests in Andhra Pradesh, Karnataka and Tamil Nadu, among others.

``The company would look at investing between $800 million and $1 billion over the next three years for starting up new projects in cellular and fixed line services. Under the upcoming strategy, the company would apply for fresh basic licences in the southern grid, keeping in mind our interests in Andhra, Karnataka, and Tamil Nadu," Mr. Akhil Gupta, Joint Managing Director of Bharti Telecom said here.

In the northern grid, the company is interested in circles such as Punjab, Haryana and Delhi, he said.

To establish world's largest undersea cable venture

Bharti Enterprises and Singapore Telecommunications Ltd. (Singtel) have announced the setting up of the world's largest capacity private undersea cable venture at a cost of $650 million (about Rs. 3,000 crores).

With a total bandwidth of 8.4 terabits per second, it will be able to carry more than Rs. 10 crore conversations simultaneously. The 11,800 km fibre-optic ring network will link Singapore, Chennai and Mumbai.

In Singapore, it will link Singtel's extensive cable network to rest of the world. This includes the city-to-city cable network by C2C, a private submarine cable builder and operator spearheaded by Singtel, Southeast Asia-Middle East-Western Europe (sea-me-we) 3 and Asia Pacific Cable Network (Apcn) 2.

The construction has started and the cable is expected to start carrying commercial traffic by next year-end, said Bharti Enterprises chairman and group managing director, Mr. Sunil Mittal.

- PTI, UNI

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