S-Tel intends to invest $408.4 Mn on network rollouts over next 3 years (India)

www.WirelessFederation.com/news: S-Tel, the new entrant in the Indian mobile market, may not intend to launch its mobile services in all circles, even after having won a two-year legal battle to be awarded licences for 16 of the country’s regions. S-Tel with its plans of launching services in limited regions, will make an investment of INR20 billion (USD408.4 million) on network rollouts in the North East in next 3 years. Moreover, the cellco plans to bid for a 3G licence when the auction process begins.