Tuesday, December 06, 2005

Reliance ties up with China Telecom

We have always wondered what is Reliance Infocomm planning to do with its FLAG subsidiary. We have our answer. According to Reuters, RIL is close to signing a connectivity deal with China's top fixed-line carrier, China Telecom. Calls from India to China no longer have to traverse the US or Europe. As a result, tariffs are expected to fall by as much as 55% to Rs. 8 per minute. For more details, read on . . .

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