Moody's keeps Reliance rating, cuts outlook
Reliance Infocomm Ltd is to roll out its broadband initiative in the next 12-24 months in the country and is scouting for partners for digital distribution of the content.
The service is functional over 11 CDMA and 340 GSM networks across the world.
Reliance Infocomm on Friday drastically slashed mobile tariffs, reducing prepaid tariffs by about 60 per cent on Reliance IndiaMobile and offering virtually double the talktime available on competing prepaid services.
Reliance Infocomm, the largest private telecom service provider in the country, has deployed Veraz networks' I-Gate 4000 PRO media gateways, supporting 60,000 ports for international long-distance VoIP traffic.
The government said on Tuesday it was very clear in its stand imposing a penalty of Rs 150 crore (Rs 1.5 billion) on Reliance Infocomm for violating the licensing conditions by diverting international calls as local calls.
Trai on Monday recommended imposing penalty on India's largest private sector basic telephony service provider, Reliance Infocomm, for offering mobility services almost similar to cellular phones, to its wireless phone subscribers.
Reliance Infocomm has introduced two interactive mobile applications, 'City Guide' and 'TV Guide', in Mumbai, New Delhi, Kolkata, Chennai, Bangalore and Hyderabad.\n\n\n\n
The Telecom Dispute Settlement and Appellate Tribunal has refused to give an interim order against Reliance's proposed roaming facility on WLL phones as the telecom regulator Trai said it was examining Reliance's reply.
The Ambani brothers on Saturday reached a settlement to split between themselves, assets of India's largest private sector conglomerate, with over Rs 97,000 crore (Rs 970 billion) in revenues, founded by their late father Dhirubhai.
Automatic STD connection to all new customers.
Trai Chairman Pradip Baijal on Wednesday dismissed as "nothing exceptional" the protest by Reliance Infocomm against the regulator's recommendations to allow direct-to-home and VSAT operators to offer broadband services.
Reliance Infocomm on Thursday announced nationwide roaming for all Reliance IndiaMobile customers at no extra charge.
Following a directive from the Delhi high court, Reliance Infocomm has deposited Rs 40 crore (Rs 400 million) with Bharat Sanchar Nigam Ltd
Shares of Reliance Industries as well as Bharti Airtel began the trade on a positive note on Wednesday after the two firms announced their partnerships with Elon Musk's SpaceX for providing high-speed internet services in India. Bharti Airtel stock opened with a gain of 5.49 pc to hit a high of Rs 1,388.25 apiece on the National Stock Exchange (NSE). Soon, it pared all gains and traded 0.77 per cent lower to Rs 1,650.10 per piece.
After its successful launch of telecom business, Reliance is likely to revive its plans to foray into yet another green-field area -- life insurance -- by March this year.
Reliance Infocomm has started its broadband operations with the launch of Digital Electronic News Gathering service that enables TV channels to broadcast quality news video from a remote location to the studio directly.
Telecom Regulatory Authority of India has issued show cause notices to Bharti Tele, Reliance Infocomm, and Idea Cellular for not adhering to prescribed format for advertising tariffs to consumers.
Telecom major Videsh Sanchar Nigam Ltd on Monday said all issues with Reliance Infocomm over Flag Telecom
Mukesh Ambani's Jio Financial Services (JFS) is set to seek shareholders' approval for its leasing subsidiary to acquire telecom equipment and devices worth Rs 36,000 crore ($4.33 billion) from Reliance Retail. Jio Leasing Services Limited (JLSL), a wholly-owned subsidiary of JFS, plans to enter the device leasing business, and the equipment will be deployed in broadband wireless connectivity and other services.
The unlimited free calling plan comes with a monthly commitment of Rs 700 for postpaid customers or with a recharge voucher of Rs 770 for prepaid customers.
Reliance Infocomm is following the initial public offering distribution model to ensure that potential consumers in each and every pocket across the country are tapped to sign up as customers.
Over 30 million students across the country, who have appeared for Class X and XII besides other competitive exams, can view their results on Reliance mobile phones on its popular mobile portal R-World.
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