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RIL – Infotel Broadband Acquires Stake in Extramarks Education

Pan India Broadband Wireless Access (BWA) Spectrum winner Infotel Broadband Services Ltd. (Infotel), a subsidiary of Reliance Industries Ltd., has acquired a 38.5% stake in Extramarks Education Pvt. Ltd. (Extramarks), a company focused on school education and digital learning. The investment in Extramarks has been made through an affiliate company Reliance Strategic Investments Ltd.

RIL Infotel Broadband also plans to offer fourth generation (4G) wireless networking services for Education, E-Learning and other advanced applications to the students.

According to RIL, the investment by Infotel will enable Extramarks pursue its aggressive growth plans in further developing services and wider market penetration. Extramarks’ digital distribution model will provide invaluable services to the student community across age groups including education support and study help at affordable prices.

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Categories: 4G, BROADBAND
  1. kavin
    salem, November 9th, 2011 at 22:47 | #1

    WOW GREAT NEWS….
    WHALE IS SWALLOWING DOLPHINS
    MMMM
    THEY WANT TO KILL THE PLAYERS BY MONOPLY.. NOW I EXPECT 4G AT
    999- 15 GB
    1299-20GB
    1999-30GB
    WHO KNOWS THEY MAY CHARGE U EXTRA FOR AIRTIME(50P/ 3 MINUTES)

  2. max
    November 10th, 2011 at 16:23 | #2

    Rahul G :Hope RIL Infotel provides and offers affordable broadband internet to the people of India and redefine India’s broadband landscape and destiny.
    If I can make a guess, knowing RIL, it will offer the following tariffs for the masses @ 4 Mbps speed (apart from 50-100 Mbps for the classes at higher rates)…
    3GB for Rs. 100/month8GB for Rs. 200/month15GB for Rs. 300/month25GB for Rs. 500/month50GB for Rs. 750/month100GB for Rs. 999/month

    dreaming in day. bad light stop the game

  3. vishal
    INDORE, November 12th, 2011 at 14:40 | #3

    Great News for E-learning on distace eduation. Reliance karlo duniaya muthi mai. proud to be Indian also proud Mr. Ambani is part on INDIA business.

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