Reliance Communications Hikes Tariffs by Up to 20%

DELHI, India - April 16, 2014 - PRLog -- RelianceCommunications,India’sfullyintegratedtelecommunications service provider, todayannouncedan increasein tariffs byup to20per cent forallits pre-paid customers. HeadlineTariffswillincreasefrom1.5paiseto1.6paisepersecond,whiletariffson discounted and promotional plans will increase by up to 20 per cent. The revised tariffs, which will be applicableforpre-paidcustomersacross thecountry,comeintoeffectfrom25April2014.

“At Reliance Communications, we continue to focus on growing profitable/paid minutes on our networkandthecurrenttariffhikesarepartof ourcontinuedeffortstoreducefreeanddiscounted minutes,& offset theever-risingcostsofinput materials,” MrGurdeepSingh,ChiefExecutive Officer,ConsumerBusiness,RelianceCommunications,said.“WeexpectRPMstoimprove over the nextfew quartersand this willimpact our performancepositively,”headded.


AboutRelianceCommunications

RelianceCommunicationsLimited,foundedbythelateShriDhirubhaiHAmbani(1932-2002),istheflagshipcompanyofthe RelianceGroup.TheRelianceGroupcurrentlyhasanetworthinexcessofRs89,600crore(US$16.5billion),cashflowsofRs9,100crore(US$1.7billion),andanetprofitof Rs4,300crore(US$0.8billion).

RelianceCommunicationsisIndia'sforemostandtrulyintegratedtelecommunications serviceprovider.TheCompany,witha customerbaseofabout 126million,includingover2.5millionindividualoverseasretailcustomers,ranks amongtheTop7Telecom companies intheworldbynumberofcustomers inasinglecountry.RCOM’scorporateclienteleincludesover39,000Indianand multinationalcorporations,includingsmallandmediumenterprises,andover830global,regionalanddomesticcarriers.

RelianceCommunicationshasapan-India,Next-Generation,integrated(wirelessandwireline),convergent(voice,dataandvideo) digitalnetworkcapableofsupportingbest-of-classservicesspanningtheentirecommunicationsvaluechain,coveringover24,000 townsand  600,000villages.RCOMowns  and  operatesthe  world's  largest  Next-GenIP-enabledconnectivityinfrastructure, comprisingover277,000kmoffibreopticcablesystemsinIndia,USA,Europe,MiddleEastandtheAsia-Pacificregion.