Reliance launches mega, mega tender, paper says

5 Dec 2006

Reliance Communications, one of India’s largest mobile operators, is inviting bids for the deployment of between 90 and 100 million new cellular lines, according to the Economic Times. The deal has been valued at between USD7 billion and USD8 billion, dwarfing the USD5 billion so-called ‘mega tender’ initiated by rival BSNL earlier this year for 60 million mobile connections. The bulk of Reliance’s business comes from its CDMA services, but it is looking to ramp up its GSM offerings and has issued requests for bids for 70-75 million GSM lines and 20-25 million W-CDMA connections, the paper says.