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Modicom Network Private Limited

$9.6 million
Project Brief
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In its first project in India, MIGA issued $9.6 million in coverage to Motorola, Inc. of the United States for an investment to establish a mobile cellular network in Punjab Province and Karnataka State. MIGA covers the investment against the risks of transfer restriction, expropriation, and war and civil disturbance.

The project involves the design, construction, operation, management, and maintenance of a mobile cellular network. The network will use the Global System for Mobile Communications technology, a new digital radio-telephone system that provides roaming facilities, or signal compatibility, enabling subscribers to move freely throughout areas using the technology. The infrastructure consists of a network of base stations controlled by a mobile switching center. The project will use new telecommunications equipment at the cell sites and master switch centers and an interconnection with the existing land line public telephone system.

The project will significantly improve telecommunications facilities to better serve approximately 235,000 subscribers in the two regions. It will employ more than 650 Indian nationals and will provide extensive, ongoing technical, engineering, and customer service training. All operational material, such as antennas and control towers, will be procured locally. Cell sites will be rented from local businesses, and handsets will be sold or rented through retail outlets.