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RIL: In the broadband game
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#1
Quote:With large money bags, the company is likely to dominate the attractive broadband space.

The entry of cash-rich Reliance Industries (RIL) into the broadband wireless access (BWA) space could well unleash a new wave of competition. The company has aggressive customer-acquisition plans and is targeting 100 million subscribers five years from the launch (currently Infotel has 500,000 subscribers), as it rolls out services through the more efficient long-term evolution (LTE) technology. It expects to break even in three years after the launch and is aiming for an asset light business model by sharing existing infrastructure.

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#2
RIL to foray into 4G services through subsidiary Infotel Broadband

Quote:RIL plans to offer 4G services in India soon. Company is planing to provide the services through subsidiary Infotel Broadband. company will setup a Wireless Innovation Centre in Mumbai which will develop products for 4G. RIL plans strategic tie-ups and partnerships in broadband services. The company plans tie-ups with device manufacturers, infrastructure providers and content providers in broadband space.

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Sounds great !!
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