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Millionaire Stock: Telecom Segment

Posted By On 11:21 AM Under
1. I am upbeat on Reliance Communications (RCOM) as it has got the node for its entry in GSM sector. However one must note that Bharti Airtel will be able to maintain its monopoly in the segment for atleast next 3 years. However in times to come reliance communication will take over in the race of being number one by virtue of its group size and right poliytical connections.

2. It has a mobile telephony market share of 18 per cent and subscriber base of 38 million, which is rising by mre than a million every month.

3. RCOM is also undertaking its effort to ensure its penetration in smaller towns and with both GSM and CDMA technologies under its umbrella it is going to grow by leaps and bounds as future technology is of CDMA.

4. I was amazed that RCOM was able to twist Qualcom a company which provided it with CDMA technology and its CEO was in India to appease Mr Anil Ambani as he holds the key to volume business.

5. It has additional unlocking of value waiting in form listing its tower subsidiary, Reliance Telecom Infrastructure and listing of its submarine cable subsidiary, FLAG Telecom which will give it additional upswing.


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