Reliance Communications (RCom) will shortly launch Mobile Applications Store in India, accessible through its data portal RWorld. Reliance Applications Store allows customers to browse and download applications, both paid and free, through a controlled environment. Developers across the world can develop, publish and promote programs and applications through a single mother portal, RCom said in a statement.
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Category: RCom
Reliance Communications (RCom) has launched has launched an SMS-based email service for both its GSM and CDMA wireless subscribers, totalling over 92 million. The technology for the e-mail-to-SMS is being provided by Canada’s iseemedia, a provider of low cost wireless email services.
Barring investments in 3G and Wimax, Reliance Communications (RCom) plans to invest Rs 3,000 crore as capital expenditure for the next financial year (FY’11). The telecom company has earmarked an investment of upto Rs 4,500 crore as capex for the current fiscal, Group Managing Director Satish Seth said in a conference call on Monday.
Reliance Communications Ltd (RCom) has posted a net loss of Rs 37.71 crore for the quarter ended December 31, 2009, compared with a net profit of Rs 397.04 crore recorded for the same period of previous financial year. Its total income fell to Rs 3109.66 crore during the quarter under review, as against Rs 3398.73 crore recorded during the same period of previous financial year, the company said in a statement to the Bombay Stock Exchange (BSE).
Reliance Communications Ltd has informed BSE that its board will meet on January 30, 2010, to consider and approve results for the quarter ended December 31, 2009.
Reliance Communications, India’s second largest mobile operator, has joined hands with Cartoon Network to launch a service that enables users to read comics on mobile phones. Earlier during the month, Tata DoCoMo had collaborated with Japanese telecom major NTT DoCoMo to launch Docomics, a similar service, in India.
The Indian market regulator Securities and Exchange Board of India (Sebi) has cleared Reliance Infratel’s, a subsidiary of Anil Ambani controlled Reliance Communications, Draft Red Herring Prospectus (DRHP) for a proposed initial public offering (IPO). Reliance Infratel was planning to raise around Rs 5,000 crore (around $1.1 billion) by offloading a 10 per cent equity to the public.
Reliance Mobile, the mobile brand of Reliance Communications (RCom), has launched two promotional packs for its GSM and CDMA subscribers that enable users to make calls within its network for 20 paise per minute.
Reliance Communications, the country’s second largest mobile operator, has added 2.8 million wireless subscribers in November, an increase of 32 per cent from that in October.
Six global telecom companies have formed a consortium to build and operate the Southeast Asia Japan Cable system (SJC), estimated to cost $400 million and will initially link Singapore, Hong Kong, Indonesia, Philippines and Japan. The companies that have joined hands to build the cable are Globe Telecom of the Philippines, Google of USA, KDDI of Japan, Network i2i (Bharti Airtel company), Reliance Globalcom and Telemedia Pacific Inc of Hong Kong.