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Anil Ambani-led Reliance Communications on Tuesday announced the rollout of GSM mobile services, which will be available in 11,000 townscountrywide.

Announcing the rollout, Anil Ambani told reporters that the company has invested over Rs 10,000 crore in the project, which was completed six months ahead of schedule.

Reliance Communications, the Indian mobile operator, has launched a new tariff plan for its GSM prepaid subscribers. The tariff which costs Rs 45 per month enables subscribers to make calls anywhere in India for just Rs 0.50.

Anil Ambani on Thursday alleged there was a “vicious and mala fide” campaign against his telecom company Reliance Communications (RCOM) Anil Ambani by a “known rival group”..

In a move that could trigger another tariff war among mobile operators, Anil Ambani-led Reliance Communication today launched GSM services in Mumbai and offered free talk-time worth Rs 900 spread over three months.“New subscribers would get Rs 10 talk-time every day for the first 90 days and has offered tariffs of Re one a minute for local calls and STD would cost Rs 1.50 per minute on any network,” Dinesh Gulati, head of Western region, said.

Telecommunications provider Reliance Infratel, promoted by Reliance Communications and part of the R-ADA group, will come out with an initial public offer to the tune of 10 percent of its paid-up equity capital, group chairman Anil Ambani said here Tuesday.

Reliance Communications Ltd on Tuesday announced the launch of its DTH venture, Reliance BIG TV Ltd, which boasts of world’s most advanced MPEG4 Direct-to-Home platform.

Reliance Communications Ltd. fell the most in a year in Mumbai trading, leading declines among India’s telecommunications stocks, on speculation a price war may hurt earnings after the company cut its call charges.

Reliance Communications Ltd. shares fell for a seventh day, their longest rout in more than a year, after India’s second-largest mobile-phone operator reported earnings that missed analysts’ estimates.

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