Videocon Telecom is in talks with multiple telecom operators to buy spectrum and re-sell it to provide telecom services via the MVNO route, according to this PTI report. The company is apparently in “final stages of applying” for an MVNO license and would submit one in a week, the report added. MediaNama has written to Videocon for a confirmation and will update the story when we hear back from them. Videocon’s telecom business operation has been on a standstill mode, and it recently sold its 1800MHz spectrum in 6 circles to Bharti Airtel for about Rs 4428 crore in May this year. The deal between Airtel and Videocon was originally announced in March after Idea Cellular had called off an earlier deal with Videocon for the same spectrum. Why Videocon is taking the MVNO route The company has been planning to debut its 4G operations in circles like Punjab, Haryana, Gujarat and Madhya Pradesh circles, since last year. It also had said that it would be rolling out 4G services in in Uttar Pradesh East, Uttar Pradesh West and Bihar telecom circles in 2015, though no specific date had been revealed. But is seems like Videocon has put these plans on hold and instead launch 3G/4G services via the MVNO route in the country. The report quoted Videocon Telecom CEO Arvind Bali who said that “One of the key reasons for us to exit the mobile telecom space earlier was us being predominantly a 2G player and hence being technologically outdated. The telecom…
