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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (41154)	6/16/2004 8:24:51 AM
From: slacker711	Read Replies (2) \| Respond to of 197001

Reliance slashes pre-paid tariffs sify.com Wednesday, 16 June , 2004, 15:10 Reliance Infocomm today slashed the tariffs on its pre-paid phone service in Tamil Nadu and Chennai circles by 40 to 60 per cent, aimed at increasing its pre-paid subscriber base by two million in a years time. Under the tariffs, local and intra-circle calls from Reliance India Mobile (RIM) to other Reliance India Phones have been reduced to 99 paise from Rs 2.49 and to other GSM operators and landlines, the rates have come down to Rs 1.79 from the existing Rs 2.49-Rs 2.99. Announcing the new tariff plan `Advantage 99, V.G.Somasekhar, business head, Tamil Nadu and Chennai, Reliance Infocomm said the reduction in rates were across the board and it came without any conditions. He said the national and inter-circle calls from RIM pre-paid phones to any other Reliance phones have also been reduced to Rs 1.79 from Rs 2.99 and to other GSM operators and landline to Rs 2.49 from Rs 2.99-Rs 3.99. Reliance, which was the first CDMA technology-run telecom company, to introduce a pre-paid scheme in February this year, has a total subscriber base of 7.5 million across the country. The pre-paid subscriber base is 1.5 million. In Tamil Nadu and Chennai circles, the pre-paid subscribers are about one lakh, out of a total of 7.5 lakh Reliance phone subscribers, Somasekhar said.