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Jain Internet plans Rs 120 crore expansion

27-November-2000
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Jain Internet plans Rs 120 crore expansion

Jain Internet will invest Rs 120 crore as part of its plans to expand Net services to about 80 non-metro cities by 2001 end as against the free Net connectivity provided by freedial.com.

The company which is offering free Internet services in Delhi and the satellite towns of Noida, Ghaziabad, Faridabad and Gurgaon, is yet to decide on the subscription model of either paid or free services for metros. It has also obtained a licence for 16 mbps of data linking – a dual part tele-port gateway capable of uplinking video signals to satellites used for TV broadcasting as well as downlinking for TV broadcasting and Internet connectivity.

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Kranti Gada joined the family business at Shemaroo in 2006 after a successful stint of over two years in marketing at Pepsi Co. She has been associated with the company for 12 years.