India's defence FDI hike: US welcomes but prefers to wait and watch
Coal India increases exploration of Mozambique mines

Corporate

RCom to halve prices of 3G data services across India

Reliance Communications, India's third-biggest mobile phone carrier by customers, has cut the price of third-generation data services by half, Gurdeep Singh, head of the company's mobile business, said on Thursday.

Reuters

Reuters

Only about 5 percent of India's 850 million mobile users have subscribed to 3G services, which are estimated to account for 3 percent of mobile revenue of telecommunication carriers.

Uptake of the premium Internet services has been slower than expected as a majority of mobile subscribers mostly use phones to make calls and also partly due to the high pricing of such services.

Reuters

Related Stories.