Posted on 13 May 2013 by bbiswajitece
Rs 2,700 crore is the amount taken from the group of international banks as a loan & has been fully repaid by Reliance Communication.
The company quoted in an official statement that ”Reliance Communications made full payment of a syndicated ECB loan facility of $500 million, over Rs 2,700 crore, on the due date. The loan was taken in 2007 from a group of international banks.”
On December 31, 2012, Rs. 37,360 crore was the total debt reported by the RCom.
At BSE, the company shares were fluctuate at Rs. 110 a piece i.e. up 0.27 percent.
Posted on 06 May 2013 by bbiswajitece
Mobile Tariff hike has been announced by Reliance Communication by 20 percent. Again there is 65 percent reduction in the promotional and concessional offers from the company end. All the existing & new customers will enjoy the new tariff plan which will soon put into immediate effect. Reliance Communication will put 20-30 percent hike in tariff mostly in Commitment Plans where larger portion of company’s user base use this plan.
The different Commitment Plans offered by the company were as follows: Commitment Plan 21, Commitment Plan 45, Commitment Plan 48 and Commitment Plan 46. 1.2 paisa per second is the hiked tariff rate from 1 paisa per second in case of plans like Commitment Plan 21 and Commitment Plan 45.
Reliance Communications, Chief Executive Officer, Gurdeep Singh commented “Our headline tariff increase from 1.2 to 1.5 paisa per second in October last year did not see any traffic elasticity and there has been no fall in customer demand or change in usage patterns, as we successfully migrated our entire base to the Headline Tariff. With the Indian telecom industry now heading for a phase of consolidation, with smaller operators shutting down or scaling down their operations and easing off hyper-competitive pressures, this will help pricing power move back to serious, long-term and pan-India scale operators and positively impact profitability. We have now corrected all Commitment Plans across the country and have increased tariffs by between 20 per cent and 30 per cent.”
Posted on 03 May 2013 by bbiswajitece
A new ICRA to be signed on between two big private operators one is Aircel & another is Reliance to continue uninterrupted services by expanding the network coverage across the whole country by offering handsome amount of facilities.
Already RCOM’s possess network foot print which would be expanded by 10,000 base stations which will attract 100 million customers where the market value is around 10,000 crore. So, Reliance is very much interested in ICRA which going to be initiated soon to the existing 2G GSM operators across India. The main advantage will be for the roaming customers as they will not be charged any additional fee.
‘Pay As You Use’ model is the term mentioned in the agreement between Aircel & Reliance to improve quality of service & also to operate efficiently. Capex and Opex will get optimized as soon as the alliance becomes effective which will really improve network coverage like in-building & outdoor.
At the end of second quarter Reliance is hoping that some positive outcome will be there as the company is in talk with several other operators.
Posted on 01 May 2013 by bbiswajitece
As per top company officials Reliance Industries Ltd may put their towers on lease to Bharti Infratel a tower unit in Bharti Airtel.
Akhil Gupta Vice Chairman and Managing Director of Bharti Infratel told to press reporters that ”We would definitely be in talks with them, we would like to do more and more business with them. So as far as we are concerned they are very credible customer, so we would definitely be in touch with them.”
With a launch of 4G telecom services RIL is in talks with Bharti Airtel to lay undersea cable by taking the necessary infra from Airtel.
Again Mr Gupta also replying to a question about tower sharing deals going on between Reliance Jio Infocomm & Bharti Infratel.
Asia Pacific will get new data connectivity Reliance Jio Infocomm via. Bharti’s submarine cable network.
“Strategic Framework” would be build after the deal between this two new companies like Bharti and Reliance Jio collaboration will also help in other areas of development.
Posted on 03 April 2013 by bbiswajitece
New Blackberry Z10 voice & data plans have been started by Reliance Communications running on Blackberry latest operating system.
3 new postpaid 3G plans to be introduced by RCom for Blackberry Z10 devices & their users with an effective monthly rental of Rs 300, 500, 800 & 1000. Some specials offers were associated with this 3G Blackberry Z10 plans like SMSes on own network, free voice calls & 3G data.
WhatsApp, Facebook and Twitter Packages were some of the extra benefits provided by the company for a period of 90 days validity.
Customers buying Blackberry Z10 smart phones & opting for Reliance GSM/3G SIM card & belongs to prepaid category will get FREE 1GB 3G data for 3 months and FREE WhatsApp, Facebook and Twitter Packages for a period of 90 days.
Posted on 02 April 2013 by bbiswajitece
Fibre optic network will be shared between two big rival companies like Reliance Communication owned by Anil Ambani whereas Reliance Industries owned by Mukesh Ambani.
12 billion rupees payment will be given to Anil Ambani’s RCom for using its resources from Mukesh Ambani’s Reliance Industries.
As we know Reliance Industries has won 4G airwaves in pan over India but its most valuable business still is petrochemical but later this year it will start its 4G services.
Again as per our knowledge India’s third largest cellular carrier is Reliance Communication. Both the brothers split up their business in the year 2005 after the intervention from their mother.
”One time indefeasible right to use (IRU) fees for sharing RCOM’s nationwide inter-city fibre optic network infrastructure,” as per comment passed from Reliance Industries on using the Optical-Fiber Network Infrastructure.
After hearing the news of both the Reliance Companies of both brothers will be working together making RCom’s shares jumped up to 17 percent before closing 11 percent on the run & Reliance Industries finishes with highest as 2 percent.
Posted on 20 March 2013 by bbiswajitece
2G data offerings has been revised by Reliance Communication in the recent line of tariff hike. All the telecom operators has followed the same path by reducing the internet data usage with their validity period. Airtel, Vodafone & Idea were the first three operators followed this path & also Tata Docomo was the nest GSM operator to join the path.
Following are the new & revised 2G internet plan details:
Important Points to be remember:
Reliance GSM prepaid subscribers can avail this plans only.
Plans may be not available in certain circles, price may vary from circle to circle
send MBAL to 55333 (toll free) to enquire about usage details.
Post bundled usage will be charged at 10p/10kB
For more details call Reliance Customer Care *333/*369 or visit Reliance Store
Posted on 16 March 2013 by bbiswajitece
655.59 million is the 2G mobile subscriber base & 1.97 million is the figure by which user base has fall & 8 millions users get decreased by the Uninor operator as per data released by the industrial body COAI.
657.56 million is the subcriber figure released in the last month i.e. Jan’2013.
Again after closing down operations in several circles like Mumbai our new operator named as Uninor which is currently operating in six circles & have currently subscriber base of 31.77 million after losing 8.34 million subcribers.
As per statement released by Uninor “The loss of subscription in February also reflects the scale Uninor was able to build within three years in the circles it was compelled to close down.”
Currently 1.2 lakh new subscribers has been added by Uninor in their recent operating circles.
Besides Aircel having 60.87 million subscriber figure after losing 0.69 million users, Videocon having 2.06 million subscriber base after letting off 0.19 million users, state-owned BSNL-MTNL having 4.91 million user base after losing 0.20 million.
Vodafone has surprisingly added 2.18 million new users & puuting their user base to 149.88 million, Bharti Airtel also following the same path by including 2.42 million pushing the base to 186.62 million, Idea Cellular also added 2.85 million users & taking their base to 119.25 million.
Posted on 14 March 2013 by bbiswajitece
Rs. 9,636.34 crore is the outstanding amount for spectrum license & charge fee owed by the govt. from telco operators end & was du=irectly informed to Parliament.
Rs. 3,275.56 for spectrum usage charges and licence fee was the largest amount owned by major private telco operator Bharti Airtel soon followed by Rs. 2,092.95 crore amount of state-owned BSNl, Rs. 1,656.23 crore is the third largest amount fallen into the hands of RCom, Rs. 1,122.01 crore amount belongs to the Vodafone, Rs. 458.32 crore amount belongs to Tata Teleservices, Rs. 428.06 crore amount remains from Idea Cellular end & others, the Minister of State for Communication and IT Milind Deora has written a letter to the Lok Sabha.
Rs. 2,199.73 crore is the penalty fee on outstanding charges imposed by the Govt.
In 2012-13 Govt. earned Rs. 6,889.28 crore from spectrum usage charges combining auction money of 2G spectrum of around Rs 1,706.92 crore & license fee of around Rs. 8,540.71 crore for first three quarters of the ongoing fiscal.
11,413.23 crore were the total license fee & Rs. 4,856.05 crore were the spectrum usage charges during the previous fiscal.
Rs. 23,177.65 crore for one-time spectrum charges for spectrum beyond 4.4 MHz in respect of GSM spectrum is owed to the govt. by different telco operators a per Deora.
Posted on 04 March 2013 by bbiswajitece
As per National Telecom Policy 2012 mobile users in India can avail the free roaming facility from October 2013 as per comment passed by honourable Telecom Minister, Kapil Sibal.
Again Mr. Sibal does’nt guarantee about the exact dates of launching free roaming service but he is saying it may took place somewhere in the October month. The mobile users can travel all across India & can avail the free or non-chargeable incoming calls from a certain network while moving from their home circles to other neighbour circles.
Already Central Government has approved National Telecom Policy drafted in May 2012 where it states that ”One Nation, One License” which means roaming would be made free to mobile users & was expected then to be put in use by the end of March 2013.
Several major telco operators like Bharti Airtel, Vodafone, Idea Cellular were opposing this decision except one operator Reliance & these operators were making serious consultation with Trai & also said that if these new plans were initiated then the operators would be forced to push the gear of outgoing call rates.