Reliance cuts International bandwidth rates by 60%

Reliance Infocomm have announced a 60% cut on their IPLC tarrifs. The move will bring their offerings in line with prescribed TRAI norms.

These aggresive tarrif cuts apply on both domestic and international circuits, and will very likely cause VSNL et al. to sit up and take notice. Reliance Infocomm currently control about 8% of the market.

Link: Economic Times.