Telecommunications sector projects by Manana Innovations Pte Ltd (MIPL) in Multi Location
Project Information
6980
Manana Innovations Pte Ltd (MIPL)
Telecom services company Manana Innovations plans to invest Rs 500 crore to build its mobile services business in India and abroad over the next five years.
"We are looking at international roaming business. In India, this market is estimated to be around Rs 18,000 crore. We are looking to capture five per cent of it i.e Rs 900 crore in two years and ten per cent in three years," Manana Innovations Founder and Director Chandan Ghosh told PTI.
He said that the company sells SIM cards and provides mobile applications for voice calling.
"We are going to apply for International Long Distance licence and internet service provider C class licence in India. This will enable us to integrate our global network with India. We will also go for other permits, if required, for operations," Ghosh said.
The company is also planning to acquire a mobile virtual network operator in Europe within couple of months.
Project Value
INR 500 Crore /-
Planning
Multi Location
West Bengal
India
Telecommunications
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