Idea Idea is ready to face competition on 4G

Technoglitch

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With its larger rivals either launching or lining up 4G offerings, the country's third-largest telecom player Idea Cellular today said it is "well-placed to compete" in the segment.

"Idea is well-placed to compete in the 4G space," MD Himanshu Kapania said at an investor conference organised by domestic brokerage Motilal Oswal Financial Services.

The comments came against the backdrop of Bharti Airtel recently launching its 4G service in select circles.

The 4G network is considered superior for data services, which as a segment is proving to be a money spinner for telecom players.

The Aditya Birla Group company is "competitively placed" to tap this opportunity presented by the data boom.

Idea Cellular has bagged 4G licences in 11 circles, including Maharashtra and Goa, Madhya Pradesh, Chhattisgarh, Punjab, Mumbai, Andhra, Karnataka, Kerala, the North-East, Gujarat and Haryana.

Idea Cellular 'well-placed' to compete with Reliance Jio, Airtel in 4G space: Himanshu Kapania | ET Telecom
 
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