Monday, June 26, 2006


Reliance aims to provide GSM services by next year



Reliance Communications is aiming to launch their GSM services in the country by March next year. This is expected to further reduce the prices in the Indian mobile service market as the company aims to price their packages competitively to gain more users.

The company is already the leaders in the CDMA technology based mobile services and is now aiming to shift focus to GSM services.

Reliance Communications has also roped in JM Morgan Stanley (JMMS) as financial advisor for a proposed re-organization. Not much information is available on their plans but the company might bring together all their services and offerings under a single brand.

Reliance is expected to be allotted the 1,800 MHz spectrum by the Department of Telecommunications later this year. This would help them launch the GSM operations by early next year.

Lets hope Airtel & Hutch face some competition now, as they really suck bigtime in their network & billing promises.

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