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NewsApp NewsApp (Free) Read news as it happens Available on Rediff News All News R eliance Communications on Thursday slashed 3G charges by more than 50 per cent to bring them at par with 2G mobile Internet prices in 13 circles, including Delhi
Reliance Communications (RComm), controlled by billionaire Anil Ambani , is India's third-largest mobile phone operator by subscribers. That is no mean feat in a dog-eat-dog market where 13 players compete against each other, making India one of the
Anil Ambani controlled RCom today said it has completed securitisation of proceeds from its Rs 1,200 crore (USD 200 million) deal with Reliance Jio. The amount from securitisation has been utilised to repay rupee debt, saving significant interest
At the end of the calendar year 2012, the Indian telecom industry closed with revenues of Rs...According to the industry, average voice tariffs of roughly 35 paise/minute (arguably the world's lowest) are responsible for this wide mismatch between 13%
A ccording to the estimates of Morgan Stanley analysts, Bharti Airtel's 3G business is expected to break-even only in FY16, while RCom will reach the point a year earlier. On the other hand, Mukesh Ambani-led Reliance Jio Infocomm, which has
In a bonanza for its shareholders, billionaire Anil Ambani-led Reliance Communications today announced it is hiving off its entire real estate assets, estimated to be of around Rs 12,000 crore, into a separate listed company. Besides unlocking the
I ndia's telecom sector can afford no more regulatory disruptions...The decision, as reported by Business Standard, is based on the legal advice given by senior advocate P P Rao. The controversy goes back to 2007 and 2008 when Andimuthu Raja was the
The Hindu The overall tele density dropped to 73.16 at the end of April from 73.32...The telecom subscriber base in the country declined by 10 lakh to 89.7 crore users at the end of April from a month earlier, the Telecom Regulatory Authority of
Expectations of further gains in Reliance Communications Ltd shares are gathering pace as 3 million in outstanding share positions in July call options were added on Monday at between Rs 140-145. Reliance Comm shares were down 2.1 per cent at Rs 129.
They ought to be dismissed for being inept and incompetent," Swaraj said on micro-blogging site Twitter.