Wednesday, 18 January 2017

Videocon Telecom to Shuts Down all Services


Videocon telecom is going to shut down its services as telecom operator in Punjab circle from 15 Feb 2017, bringing their services to an end in INDIA. For the time being Videocon requested its 3 million customers to migrate to other operators. Prepaid customers should exhaust their balance and then migrate and post-paid customers should pay the bill before migrating and this should be done before 15 of Feb.

The Videocon Company has incurred losses and doesn’t want to invest money on its telecom services because their spectrum holding validity is from 1997 and validates till 20 years, now it’s 2017. 20 years had passed away and they are not sure that their spectrum validity is extended till 2027. So, they decided to opt out as telecom operator and continue its other businesses.


As they are quitting their spectrum will go back to government and sold again. 

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