IOL Netcom said on Monday that it has entered into a CDMA Franchisee Agreement with Mahanagar Telephone Nigam Ltd. (MTNL) as a lead consortium partner to provide CDMA mobile services in India's two largest cities - Mumbai and Delhi. IOL Netcom plans to introduce its 'IOL Mobile' brand within 90 days.
IOL Netcom will also introduce a host of unique Value Added Services (VAS) enhancing the multiplay user experience. The combined Average revenue per user (ARPU) is expected to be over Rs450 per month with a targeted base of over one million in the next few months. The revenue from this service is expected to contribute significantly to the topline of the company.
The initiation of IOL Netcom's CDMA mobile services will now allow IOL Netcom to offer multiplay services comprising of Mobile, Data Card, Desktop CDMA phone, FCC, IPTV, Broadband and VOIP. With these capabilities, IOL Netcom joins the elite group of select few large telecom companies in India capable of offering multiple services.