Company Press Release:
Reliance
Communications clocks 11.3 million new subscribers in January – March
·
India’s No.1 Mobile Network for 3rd
consecutive month
·
Over 113% growth in quarter-on-quarter new
subscriber additions
·
Reliance receives 26% of quarterly new
subscribers additions nationwide
·
Adds 3 million new subscribers during March
2009
Mumbai, April 15th 2009: Reliance
Communications Limited, India’s first and only telecom service provider
offering nationwide CDMA and GSM mobile services, today announced a record 11.3
million new subscriber additions during the quarter January to March 2009. With
an addition of 3 million new subscribers during March 2009, highest in the
Industry for the 3rd consecutive month, Reliance Communications has
achieved a 113% growth in quarter-on-quarter subscriber additions.
“Reliance
Communications is happy to create yet another World Record by adding 11.3
million new subscribers in a quarter. The World Record subscriber additions are
a true testimony of the wide network reach, quality of service and strong
product proposition offered by Reliance Mobile”, said
Mr. S.P. Shukla, President – Wireless Business,
Reliance Communications. “The overwhelming customer response to
our recently launched nationwide GSM services has enabled us to bag 26% marketshare and experience over 113% growth in quarterly
net additions. We are confident of further enhancing our leadership position
through a series of consumer-centric initiatives that we will launch in the
days ahead”, he added.
With the World
Record quarterly additions of 11.3 million customers, Reliance Communications
is the only operator in the Indian Mobile space to have increased its overall marketshare.
Reliance Communications had reported 5.3 million new subscriber
additions during the quarter October – December 2008. The company
commenced commercial operations of its nationwide GSM service on 30th
December 2008 with a unique Customer Experience Programme (CEP) that resulted
in a record addition of 5 million new subscribers in January 2009.
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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 largest truly integrated telecommunications service provider. The
Company, with a customer base of over 74 million, including over 2 million
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, integrated (wireless and wireline)
and convergent (voice, data and video) digital network that is capable of
supporting the full range of best-of-class services spanning the entire
communications value chain. It offers the widest network reach, 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 kilometres of fibre optic cable systems in India, USA,
Europe, Middle East and the Asia Pacific region.