Qualcomm Inc (QCOM)

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BSNL eyes five-fold jump in mobile subscriber base

New Delhi: BSNL, the public-sector telecom company, said today it was confident of expanding its mobile subscriber base to 25 million from five million in a year's time.

"We expect to ramp up our mobile subscriber base in the country to 25 million from existing five million in 12 to 15 months," the Chairman and Managing Director of the company, Mr V P Sinha, said at Convergence India conference and exposition here.

A tender of 15 million lines would be awarded shortly, and order for 40 lakh had already been given. It will not take much time to raise the subscriber base to the 25 million level, he said.

Speaking on the occasion, Qualcomm Group President Paul Jacobs said, "The opportunities in future are exciting both in terms of new technology and its ability to impact the lives of people by having networks available at the right price point."

"India is poised to lead... There are new technologies here and the youth community are the ones who adopt the latest technology," he added. - PTI

http://www.thehindubusinessline.com/businessline/blnus/15181302.htm