Company Press Release:
"Reliance
Communications adds a record Five Million New Subscribers in Jaunary
2009"
· Reliance Communications adds a
record 5 Million New Subscribers in January 2009
· First Indian Telecom Operator to add
5 MN new subscribers in One Month
· Reliance Mobile new subscriber
additions up 285% in first month of GSM launch
Mumbai, February 13th 2009:
Reliance Communications, India’s largest and only telecom operator offering
nationwide CDMA and GSM mobile Services, today announced achieving a record 5
Million new wireless subscribers on its network during January 2009. With this
significant achievement, Reliance Communications has become India’s first and
World’s first (apart from China) to add 5 Million new subscribers in a span of
30 days, on its fully-IP enabled, Next Generation Wireless network.
The entry of Reliance Mobile in the GSM segment has once again led to
a significant expansion of the market, with the company seeing a significant
285% rise in new subscriber additions, within the first month of its nationwide
GSM rollout.
“Reliance Communications is indeed glad to see such a
tremendous response by the Indian Telecom consumers, which has been instrumental
in redefining the dynamics of the sector and achieving a record new subscriber
addition of 5 Million. This significant achievement shows that almost one out of
every two customers is choosing Reliance Mobile over other options”, said Mr.
S.P. Shukla, President – Personal Business, Reliance Communications. “We
continue to experience acceleration in the growth momentum as we keep launching
our GSM services in new geographies and offering a slew of attractive recharge
options to further enhance our already superior customer offerings. A response
of such magnitude makes us confident of setting new benchmarks in customer
service in the months to come”, he added.
Reliance Mobile announced the
launch of its GSM services in January 2009 and has rolled out its services in
11000 towns and 3 lakh villages in a phased manner during the course of the
month. The company has added another 3000 towns taking its GSM network to over
14,000 towns and 4 lakh villages and is on course to take its dual network –
CDMA and GSM- coverage to 24000 towns and 6 lakh villages.
About Reliance
Communications:
Reliance
Communications Limited founded by the late Shri Dhirubhai H Ambani (1932-2002)
is the flagship company of the Reliance Anil Dhirubhai Ambani Group. The
Reliance Anil Dhirubhai Ambani Group currently has a net worth in excess of Rs.
63,000 crore (US$ 14 billion), cash flows of Rs. 12,000 crore (US$ 3 billion),
net profit of Rs. 8,000 crore (US$ 2 billion) and zero net debt. Reliance
Communications is India's foremost and truly integrated telecommunications
service provider. The Company, with a customer base of over 65 million including
over 2 million individual overseas retail customers, ranks among the Top 10
Telecom companies in the world by number of customers in a single country.
Reliance Communications corporate clientele includes 2,100 Indian and
multinational corporations, and over 800 global, regional and domestic carriers.
Reliance Communications has established a pan-India, next generation,
integrated (wireless and wireline), convergent (voice, data and video) digital
network that is capable of supporting best-of-class services spanning the entire
communications value chain, covering over 20,000 towns and 450,000 villages.
Reliance Communications owns and operates the world's largest next generation IP
enabled connectivity infrastructure, comprising over 175,000 kilometers of fibre
optic cable systems in India, USA, Europe, Middle East and the Asia Pacific
region.