USD 3 Bn To Be Invested By Reliance On GSM Operations
Recently, Reliance Communications made the announcement that the company is investing around USD 3 billion for their upcoming GSM operations in the Indian market.
Initially, the company would begin their operations in 250 big cities and during next year would expand it to other parts of the country. They aim to match the standard of their CDMA network by the end of next year.
To have exclusive launches of mobile packages, along with phones, the company is joining forces with mobile phone makers including Motorola, Sony Ericsson, LG Group, Bird International, Fly Mobile and Huawei. Others players with which Reliance is in talks include Nokia and ZTE.