Idea To Put In $2 Bn In Next Two Years

Idea Celluar, the Aditya Birla Group owned telecom company which got listed on bourses on Friday, has decided to put in $2 billion in the next two years to compete in the booming Indian telecom market. At present, Idea operates in 11 circles out of 13 for which it has been issued license. It has applied for license in nine new circles. In the past six months the company has launched operations in Himachal Pradesh, Rajasthan and Eastern Uttar Pradesh. It will launch operations in Mumbai and Bihar this year.