Reliance India Mobile, Anil Ambani is now eyeing the GSM Market in India. He plans to invest over Rs.1600 cr for the same.Reliance Telecom Limited, an Anil Dhirubhai Ambani Group company, which operates GSM service in eight circles mainly in east and north-eastern states, has worked out expansion plans to increase coverage to about 4,300 towns from the existing 330 towns, according to sources.
RTL operates GSM services in Kolkata, West Bengal, Assam, the north-east, Bihar, Orissa, Madhya Pradesh and Himachal Pradesh circles.
The expansion plans for Anil Ambani’s company comes in the wake of reports that the GSM-based mobile service has shown phenomenal growth in India where out of the 100 million mobile subscriber base, the GSM-based mobile user base is 80 million.
A company official confirmed the development, but declined to give further details. |
