Reliance Communication (RCom) is struggling with huge debts of about Rs 40,000 crore and it is aiming to reduce it by 75 per cent in the next one year.
Reliance Jio and Reliance Communications are now virtually merged, Reliance Group chairman Anil Ambani said yesterday.
"Our spectrum is shared, our network is shared, our fibre is shared, our towers are shared, our voice is shared, and every effort to reach synergies, every effort to lower cost and to be capital light has been achieved," Ambani added referring to RCom and RJio deals for spectrum and infrastructure sharing.
Reliance Communication (RCom) is struggling with huge debts of about Rs 40,000 crore and it is aiming to reduce it by 75 per cent in the next one year. It has recently merged with Aircel which is expected to bring down its debt by Rs 20,000. RCom is also trying to sale its towers to reduce debt.
On the other hand, Mukesh Ambani's Reliance Jio has just entered the telecom segment and with RCom it could gain a huge boost. Infact, RCom since the start of this year reportedly allowed Jio to test its network by upgrading all its data users Jio's 4G network.
As per TRAI's data (as on 30th June 2016), RCom has 9.54 per cent market share.
Further, last week reports suggested that if you are planning to enroll to this Welcome Offer then you need to do it before December 3rd, 2016.
Panasonic has today introduced two new Air Purifiers F-PBJ30AAD and F-PXJ30AAD priced at Rs 11,995 and Rs 16,995 respectively.
Canon recently launched "EOS 5D Mark IV", a full-frame, all-rounder camera targeted at professional photographers, primarily in the fields of wedding, commercial/advertising and wildlife photography.
The Samsung Galaxy J3 (2017) was recently spotted on Indian export import website Zauba with a price tag of Rs 6,843.
The update is only available in a beta version (v2.16.316 onwards) of the messenger. So if you are registered with Whatsapp's Beta Programme you will soon be notified of a new update.
The Xiaomi Mi Mix has been announced in 3 GB as well.
Partnering with EKART logistics, the main focus behind this is to provide an enhanced delivery experience.
The MAXIFY series include the MB5470, MB5170 and iB4170 prices at Rs 22,495, Rs 16,495 and Rs 9,995 respectively.
Xiaomi Mi Note 2 comes with 3D curved glass both at the front and back which makes it look like Samsung Galaxy S7 Edge.
ZTE Tempo backed up by a 2200 mAh battery which claims to offer a talk time up to 14 hours.