Reliance to offer 'cheapest telecom services' available
PTI ?[ MONDAY, NOVEMBER 18, 2002 05:12:09 PM ]
NEW DELHI: The stage seems all set for a major telecom bonanza for customers with the Reliance Group on Monday saying it will offer "the cheapest telecom services" available.
"Reliance Infocomm will offer the cheapest telecom services available," Akhil Gupta, CEO, Corporate Development, Reliance Group said at a telecom conference organised by Nasscom.
Gupta, who is one of the key members of Reliance Infocomm central team, said that the cheapest telecom services would be possible due to the group's focus on the concept of capital productivity pioneered by Mukesh Ambani.
"It is Ambani's belief that along with the commonly accepted global management practices of operational efficiency, technology absorption, process and systems, the world and particularly Indian businesses need to focus on capital productivity," he said.
The belief, Gupta said, had resulted in Reliance being able to create infrastructure, whether in telecom or in energy, that is always 30-40 per cent cheaper than that of its global peers.
Gupta's comments assume significance as Reliance Infocomm is reportedly readying for launch of a major initiative on December 28, the birthday of the late founder Chairman of Reliance Industries Dhirubhai Ambani.
As part of its telecom plans, Reliance would be introducing CDMA- based limited mobility and internet services.
Although the company already provides mobile services based on the GSM technology in some north-east and eastern states, it is not one of the leading players in the cellular marketplace.
Speaking at the Nasscom telecom conference today, Gupta said, "In our Infocomm venture we hope to see millions of Indians benefit from this cost efficiency."
With CDMA-based limited mobility, Reliance aims to grab a leadership position in telecom space.
Reliance has so far laid about 40,000 kilometres of optic fibre cable.
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