 Future Group is reportedly planning to come up as a Mobile Virtual Network Operator (MVNO player) in the country. The group plans to offer talk time as a freebie to the consumers shopping at its retail outlets.
Chief Executive of the group, Kishore Biyani said that it is in talks with certain operators for launch of such offers. According to reports, the company has appointed McKinsey and Co. and UK’s Value Partners Group Ltd as advisors for this foray. Biyani further said that the initial capital required will be not more than Rs.100 crore. |