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Reliance To Launch "change2broadband" Campaign For Existing 1x Customers to switch to EVDO, Netconnect broadband plus...
NEW DELHI: Anil Ambani-run Reliance Communications is targeting 15-20 per cent of its revenue from its data and value-added services verticals.
According to company sources, RCom is giving a major push to its data business and expects it, along with the VAS business, to contribute 15-20 per cent of overall revenues.
To achieve its revenue target, RCom is planning to target high-value customers of rival companies.
The company is planning to launch a swap offer `Change2Broadband` wherein data-card customers of competitors will be upgraded to Reliance`s Netconnect Broadband Plus service, sources said.
Under `Change2Broadband`, RCom will offer a Rs 3,600 annualised savings scheme to these churn customers. A potential high-value customer for RCom is one who is currently subscribing to tariff plans of over Rs 1,099.
This could translate into a revenue contribution of over Rs 800 crore every quarter. RCom is also planning a similar swap offer to upgrade its own Reliance Netconnect customers to Netconnect Broadband Plus. RCom has tied up with Alcatel Lucent to es tablish its data network.
RCom`s high-speed data network will provide seamless coverage across 20,000 towns and 4.5 lakh villages. The company has invested over Rs 600 crore in its pan-Indian network for its data business
Source: Moneycontrol.com >> Messageboard >> Stocks >> Reliance Comm >> RCom eyes 15-20% revenue from data, value-added biz
NEW DELHI: Anil Ambani-run Reliance Communications is targeting 15-20 per cent of its revenue from its data and value-added services verticals.
According to company sources, RCom is giving a major push to its data business and expects it, along with the VAS business, to contribute 15-20 per cent of overall revenues.
To achieve its revenue target, RCom is planning to target high-value customers of rival companies.
The company is planning to launch a swap offer `Change2Broadband` wherein data-card customers of competitors will be upgraded to Reliance`s Netconnect Broadband Plus service, sources said.
Under `Change2Broadband`, RCom will offer a Rs 3,600 annualised savings scheme to these churn customers. A potential high-value customer for RCom is one who is currently subscribing to tariff plans of over Rs 1,099.
This could translate into a revenue contribution of over Rs 800 crore every quarter. RCom is also planning a similar swap offer to upgrade its own Reliance Netconnect customers to Netconnect Broadband Plus. RCom has tied up with Alcatel Lucent to es tablish its data network.
RCom`s high-speed data network will provide seamless coverage across 20,000 towns and 4.5 lakh villages. The company has invested over Rs 600 crore in its pan-Indian network for its data business
Source: Moneycontrol.com >> Messageboard >> Stocks >> Reliance Comm >> RCom eyes 15-20% revenue from data, value-added biz