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Glossy article on Reliance

Submitted by Karthik on 23 April, 2006 - 01:55

Besides a lot of hoopla on how Reliance is going to change ze vurld, some interesting tidbits in this Rediff article.

Analysts say a few years ago RCVL, when Mukesh Ambani was at its helm, had set out an ambitious target to connect over one million buildings across the country directly by fibre or ethernet for broadband connectivity. But those numbers did not fructify. At the moment they have wired over 50000 buildings - equity analysts say they claim a 40 per cent market share in these buildings. And it constitutes for only four per cent of its revenues.

-K

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