
Addressing the company?s annual general meeting, Anil D. Ambani, chairman, Reliance Communications Limited (RCOM) stated that the organisation is expecting strong growth momentum in data consumption among users.
Currently, RCOM is offering data services to 31 million users, out of which 7.7 million are 3G subscribers. Besides focusing on encouraging growth prospects offered by the data services, Ambani highlighted following key industry and company developments:
RCOM expects the industry to maintain a strong pricing environment.
The company is looking forward to an improvement in its operating margins with increase in revenue per minute and through several cost optimisation measures.
Its foreign exchange debt servicing obligations have been fully covered by Reliance Globalcom?s foreign exchange earnings.