Videsh Sanchar Nigam Ltd. (VSNL) will invest Rs 100 crores to expand its Internet services in 20 cities by end of this fiscal. Most of the investment would be made by way of revamping the infrastructure including the availability of bandwidth with one gigabit capacity.
VSNL's current Internet subscriber base is about seven lakh and broadband network capacity will be raised to two gigabits by March 2002 for expanding its network across the country.
VSNL will be closely working with the recently privatised satellite network INTELSAT for better international service offerings.
The country's international telephone service provider has 5.41 per cent stake in the total INTELSAT network investment while U.S is the largest investor with a 21 per cent share.