UniverCell – Chennai based mobile retail chain, will be planning 700 stores across the country in the next two years. The company has roped in actor Mahesh Babu as its brand ambassador.Satish Babu, The founder of UniverCell said, “The expansion is in line with the increasing mobile subscriber base and the likely entry of six new players into the Indian mobile services market including Datacom, Etihad, Loop, Telenor, Swan and Loop, which are expected to commence operations in the country pretty soon.”UniverCell, which currently has 300 company-owned stores across the four southern states including 70 in Andhra Pradesh, is trying to touch 400 stores by March 2010 through the franchisee mode.