Knowledge Partners


 Basiz Fund Service    Economic Laws Practice    Avalon Consulting  

 Spark Capital    Tatva Legal   

February 02, 2008

Why Real Estate firms are bidding to become telcos

Businessworld has an interview with Unitech’s Managing Director Sanjay Chandra on this topic.

Q: In a sense, telecom is just like the real-estate business. You are capturing a fixed commodity (spectrum).
A: Yes (laughs). Instead of a land bank we are now managing an ‘air’ bank.

...Q: Are you planning to bid for wireless broadband?
A: We want to put our foot in the door and enter the business before we look at other options. I am sure we will look at that. We will look at 3G.

Q: Being successful with that will require real competence.
A: Yes, we are meeting lots of people and reading up. And it is still confusing. I think data is going to be big. CDMA is better for data. But India is seeing a GSM rush. Our services will be on GSM. We won’t be bidding for CDMA licences.

Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of information and networking services to the private equity and venture capital ecosystem in India. View free samples of Venture Intelligence newsletters and reports.