Reliance Communications slashes call rates

October 15th, 2008 - 9:53 pm ICT by IANS  

Mumbai, Oct 15 (IANS) Prepaid subscribers of Reliance Communications (RCom) will now be able to make long distance calls at Re.1 and local calls at 50 paise. The service comes under a new scheme called ‘Life Time Jaadu Pack’, launched here Wednesday by RCom, part of the the Reliance Anil Dhirubhai Ambani Group (R-ADAG)

RCom’s wireless business president S.P. Shukla said the offer was available at a onetime recharge of Rs.550 for a life time term.

The R-ADAG currently has a net worth in excess of Rs.580 billion, cash flows of Rs.120 billion, net profit of Rs.80 billion and zero net debt.

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