Don’t miss the latest developments in business and finance.

Rel Comm clocks 11.3 mn new subscribers in Jan - Mar

Image
Announcement Corporate
Last Updated : Jan 20 2013 | 8:02 PM IST
  • 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

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.

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.

Also Read

First Published: Apr 15 2009 | 7:34 PM IST

Next Story