Priskrig pressar indiska telekombolag
Den tuffa mobiltelefonimarknaden i Indien har gjort fått bolaget Reliance Communications börsvärde att rasa med mer än en tredjedel den senaste månaden, skriver Reuters.
– Reliance Communications kvartalssiffror speglar de svåra tiderna som ligger framför telekombolagen, säger Gaurang Shah, chefsstrateg på Geojit Financial Services, till nyhetsbyrån.
Alla utom ett av landets telekombolag har rapporterat förluster under det första kvartalet. Bakgrunden är priskrig, små marginaler, stora skulder och ombytliga kunder, skriver Reuters.
Läs också
bakgrund
Reliance Communications (RCom)
Wikipedia (en)
Reliance Communications Ltd. (RCom) is an Indian Internet access and telecommunications company headquartered in Navi Mumbai, India. It provides GSM (Voice, 2G, 3G, 4G) mobile services, fixed line broadband and voice services, DTH depending upon the areas of operation. Reliance Communications is the sixth largest telecom operator in India with 83.70 million subscribers as of March 2017.
Established in 2002, it is a subsidiary of Reliance Anil Dhirubhai Ambani Group. Reliance Communication IT Support is provided by Reliance Tech Services and Telecom network is maintained and operated by Ericsson, transmission towers are maintained by its subsidiary Reliance Infratel. Reliance Infocomm laid the largest Optic Fiber Cable network in the country in 2003 to 2005, approximately 135,000 km, and touched almost all top broadband cities with the help of their Franchisee's - Local Cable Operators (LCO's). On an average 1900 large LCO's were connected to the Reliance Infocomm network to provide Voice, Data and Video services known as Triple Play on IPTV platform. After the split of the Telecom business venture between Mukesh Ambani and Anil Ambani, the telecom business was handed over to Anil Ambani, who later christened the company as "Reliance Communications Limited".
In September 2016, RCom announced that it would merge its wireless business with Aircel.
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