Reliance Mobile Raises Call Prices by a quarter in four circles
Reliance Communications Ltd has raised call prices across four telecom circles and intends to extend the hike to all circles in coming days. Reliance hiked base call price to 1.5 paise a second from 1.2 paise, citing rising costs and lower competition. The company has increased tariffs across Himachal Pradesh, Bihar, Gujarat and Madhya Pradesh. Reliance Communications, with net debt of $6.4 billion, has underperformed major rivals in operating performance, as... Read More