Monday, September 10, 2012

Reliance Infotel - My Thoughts + All Updates



Reliance Industries owned Infotel Broadband is going to roll out 4th Generation services on LTE platform and plans to offer data as low as Rs 10/GB, as reported by Economics Times. The report also tells that RIL will also bundle the data with multiple devices. Entry level tablets will be major device for Infotel's LTE offerings and it may cost as low as Rs 3500/ ~$70 (Just remember Aakash - the $35 tablet).

But this report has nothing new, all these stuffs are already said on ET. RIL is keeping all of its BWA plans under hood and no one can have it. Even their employees are also very secretive regarding BWA launch. Interestingly this latest 2-page report by ET creates a storm among telecom portals - Medianama & goBroadband makes a follow up story.

MoneyControl published a report on October 3, 2011 saying it can be Operation Vijay for Reliance as Mukesh Ambani re-enters telecom space. But this story also does not have the substance to make us cheerful. All stories on media are based on rumor or market speculation.

But only story that caught my brain is by Forbes India, says Reliance Juggernaut On The Move. Again! The story depicts the entry of RIL in telecom space as battle of Titans - 'The first time Mukesh Ambani disrupted Indian telecom, Sunil Mittal survived, even emerged stronger. Can he pull it off a second time?'