01-26-2005, 05:03 AM
From domestic power to international player - Red Herring
Its amazing what this company has achieved and its even more amazing what they will loose due to bickering. Who knows maybe it will be for the best. Lets hope for an amicable settlement. Maybe 2 reliances will be better then one.. <!--emo&:rock--><img src='style_emoticons/<#EMO_DIR#>/rock.gif' border='0' style='vertical-align:middle' alt='rock.gif' /><!--endemo-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->In 1996 it cost the equivalent of $1 a minute to make a phone call in India, so the majority of Indians mailed postcards instead. Today, millions of Indians have leapfrogged ahead, sending digital postcards, booking rail tickets, and watching Bollywood movie trailers over the latest model mobile phones, thanks in large part to Reliance Infocomm, which has shaken the domestic telecommunications market in India to its core.
In addition to being Indiaâs largest mobile provider, Reliance became a global telecom power overnight when it purchased one of the largest fiber-optic networks in the world in 2003, Fiber Link Around the Globe (FLAG), which stretches 55,000 kilometers, spanning four continents and touching 75 percent of the worldâs population. FLAG transports traffic for over 180 of the worldâs largest telecommunications operators and Internet service providers as well as large corporate clients like Samsung Networks.<!--QuoteEnd--><!--QuoteEEnd-->
It really is mind-boggling.
Its amazing what this company has achieved and its even more amazing what they will loose due to bickering. Who knows maybe it will be for the best. Lets hope for an amicable settlement. Maybe 2 reliances will be better then one.. <!--emo&:rock--><img src='style_emoticons/<#EMO_DIR#>/rock.gif' border='0' style='vertical-align:middle' alt='rock.gif' /><!--endemo-->
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->In 1996 it cost the equivalent of $1 a minute to make a phone call in India, so the majority of Indians mailed postcards instead. Today, millions of Indians have leapfrogged ahead, sending digital postcards, booking rail tickets, and watching Bollywood movie trailers over the latest model mobile phones, thanks in large part to Reliance Infocomm, which has shaken the domestic telecommunications market in India to its core.
In addition to being Indiaâs largest mobile provider, Reliance became a global telecom power overnight when it purchased one of the largest fiber-optic networks in the world in 2003, Fiber Link Around the Globe (FLAG), which stretches 55,000 kilometers, spanning four continents and touching 75 percent of the worldâs population. FLAG transports traffic for over 180 of the worldâs largest telecommunications operators and Internet service providers as well as large corporate clients like Samsung Networks.<!--QuoteEnd--><!--QuoteEEnd-->
It really is mind-boggling.