Tariff war hots up; BSNL, RelComm slash roaming rates

Published on Fri, Jun 01, 2007 at 14:37 |  Source : Moneycontrol.com

Updated at Fri, Jun 01, 2007 at 17:16  

1517 Investors following BSNL. Share this News with them.
0
0
Share on Tumblr

RELATED NEWS

ALSO READ

Other Stocks in this news

Mahanagar Telephone Nigam | Reliance Communications |

The tariff war is hotting up. Two moves today by major operators, BSNL and Reliance have resulted in cutting off of the roaming tariffs all the way down to zero.

In a move that comes as aggressive as this, BSNL , the second largest GSM player, has cut roaming tariffs to zero for the first 300 minutes. The outgoing roaming tariff will be at Re 1 per minute as will be the incoming tariff post the 300 minutes.

Meanwhile, Reliance Communications has also announced new plans to make roaming free of cost up to limited hours. SP Shukla , President (Personal biz), Rel Communications , said the reduction in rates would result in increased talk time.

The government has been toying with the idea of scrapping roaming rates altogether, but that is something that BSNL and MTNL have not been able to do, as that may have too much of an adverse impact on the financial efficiencies.

It's important to note that it is easier for a CDMA player to do this than for a GSM player, so all eyes will now be on Bharti, they will be left with no option, but to act.

On the lines of this move, one would expect the other major players Airtel, Hutch and Idea also to follow suit and cut down roaming rates drastically.

IT and Communications Minister A Raja expects private players to also match the PSU comapnies roaming rate cut. A comprehensive 3G policy is being worked on, which will be placed before the Parliament, he says.

  

Trending News

Business News

Sony to roll-out ICS update next week, Xperia PLAY gets the boot
Nifty level to watch is 5,150; Bank Index upside is modest "Nifty level to watch is 5,150; Bank Index upside is modest "

Kolkata's road to the IPL final

Rel Comm Q4 Cons Net Revenue Up 5% At `5,310 Cr (QoQ)

The latest earning numbers FIRST on CNBC-TV18
Videos

May 25 2012, 22:26

NHPC posts profit amid capacity addition, delay woes

- in Results Boardroom

Interviews

May 27 2012, 11:52 | Source: CNBC-TV18

Expect to maintain EBIDTA margin ahead: Wockhardt

May 27 2012, 11:00 | Source: CNBC-TV18

e-commerce market in India: What's in store?

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!