Videocon forays into mobile services

Diversified business conglomerate Videocon Group on Thursday launched its mobile services division at an investment of Rs. 14,000 crore.

The group, which has presence in household appliances, Oil and Gas, Retail, Direct-to-Home services, entered the GSM telecom space by offering a scheme of ‘sub 1 paise effective tariff’

Videocon Group Chairman Venugopal Dhoot said the new division, Videocon Mobile Services, planned to cover 100 cities in 100 days.