India To Have Just 5 Telecom Operators, Offering Services Nationally : Anil Ambani

By August 27th, 2013 AT 9:33 PM

Indian telecom industry is facing a virtual consolidation and within a few years the country will have just 5  pan-India operators offering services at the national level, Reliance Communications (Rcom) Chairman Anil Ambani said today.

Rcom Anil Ambani

“We believe that the India’s telecom sector is going through a virtual consolidation and we expect in the next few years India will see 4-5 large operators who will be there on nation wide (pan India) basis,” Anil Ambani said while addressing shareholders on its 9th annual general meeting of Reliance Communications (Rcom).

Mr Ambani said,  RCoM will continue offering CDMA services in India and company will participate in future auctions to acquire spectrum for offering 4G and other services. He mention that Rcom  licences for pan India CDMA services are valid till 2021 and  will continue to provide world-class CDMA services in addition to offering GSM and 3G services.

Highlights of the Annual General Meeting of Reliance Communications (Rcom) :

  • RELIANCE COMMUNICATIONS SEEING STRONG GROWTH MOMENTUM IN DATA CONSUMPTION
  • RCOM SERVES GROWING BASE OF 31 MILLION DATA CUSTOMERS, INCLUDING 7.7 MILLION 3G CUSTOMERS
  • RCOM EXPECTS STRONG PRICING ENVIRONMENT TO BE MAINTAINED
  • RCOM EXPECTS IMPROVEMENT IN OPERATING MARGINS WITH INCREASE IN REVENUE PER MINUTE AND FURTHER COST OPTIMIZATION
  • RCOM FX DEBT SERVICING OBLIGATIONS MORE THAN FULLY COVERED BY RELIANCE GLOBALCOM’S FOREIGN EXCHANGE EARNINGS
  • RCOM HAS ALREADY COMMENCED DELIVERIES OF INTER-CITY FIBRE AND TOWERS TO RELIANCE JIO INFOCOMM
  • RCOM EXPECTS TO COMPLETE DELIVERIES OF INTER CITY FIBRE AND TOWERS TO RELIANCE JIO INFOCOMM WITHIN CURRENT FINANCIAL YEAR
  • RCOM EXPECTS TO REMAIN FREE CASH-FLOW-POSITIVE AND IS UTILIZING ALL SURPLUSES FOR REDUCTION OF DEBT
  • RCOM PLANS TO MONETISE REAL ESTATE THROUGH DEMERGER OF PROPERTIES PROGRESSING WELL AND WILL CONTRIBUTE TO FURTHER DEBT REDUCTION

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Debopratim RoyManojDuane BaylissM.AM Recent comment authors
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Manoj
Manoj

Well, thanks for letting us know in advance, Mr Ambani. I believe him, because he only must have told the government to do so – the operators will be Reliance Infocomm, Reliance Comm, Reliance ADAG Infocomm, Reliance ADAG Comm and BSNL (if not forced to fail like Air India by then). Services? You must be joking. RComm services are crap – deduct money from prepaid accounts like crazy, lots of fine print in the plans so you save nothing. To be fair, their network reach is fantastic, next only to BSNL/MTNL. All other private operators have uneven coverage pan-india, so… Read more »

Kaushik Roy
Kaushik Roy

Dont trust Reliance
whether Mukesh or Anil Ambani
Reliance is always a Cheater

Duane Bayliss
Duane Bayliss

I agree with you, Kaushik! They issued a SIM replacement on my number (without my consent) and ported it to IDEA … been running around from pillar to post (they asked for fresh documents, then said bring the ORIGINAL SIM which I did, then said NOTHING can be done). Now the case is pending with PGPORTAL.GOV.IN

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