As the festive season continues, Reliance Communications (RCom) has joined in the celebrations with new offers for its customers. RCom has launched festive offers for both its new and existing prepaid customers, a company statement said. The festive offers are exclusive to Delhi and National Capital Region (NCR). Existing customers of RCom in Delhi and NCR can recharge their prepaid connections with the festive offer plan, which is called ‘NonStop Plan’, and with it avail 1,000 local and STD minutes. In addition to that RCom prepaid users will also get unlimited calls to any Reliance number anywhere in India, the statement said. Also Read - RCom to go for insolvency resolution process after failure to repay debtAlso Read - Reliance Communications completes sale of fibre assets to Reliance Jio
Reliance Communications has also announced offers for new prepaid customers with a new SIM as a ‘welcome offer’. “Customers will enjoy full talktime, free data and a special calling rate of just 25 paisa per minute with the ‘DoubleScoop Plan’. The 2G DoubleScoop Plan in Delhi and NCR starts from Rs 141 recharge which gives Rs 141 talk time and 5GB of data usage, along with 25 paisa per minute call rates for a period of three months,” the statement added. In 3G services, the company is offering plans starting from Rs 295 recharge which gives Rs 295 in talk time and 3GB of 3G data usage, along with a 25 paisa per minute calling rate for three months, the statement added.
Reliance Communications recently received the approval by the Rajasthan High Court for its deal to acquire Russian conglomerate Sistema s Indian telecom unit Sistema Shyam Teleservices Ltd (SSTL) that operates under the MTS brand. Back in November, RCom had announced the acquisition of Sistema s Indian telecom unit in an all-stock deal, valued at around USD 690 million (Rs 4,500 crore), that would create an operator with 118 million subscribers.
As per the deal, SSTL will hold about 10 percent stake in RCom and pay off its existing debt before closing the deal. Russian tycoon Vladimir Evtushenkov-controlled AFK Sistema currently holds 56.68 percent stake in SSTL, while the Russian government owns 17.14 percent interest. ALSO READ: Reliance Communications to monetize non-core assets to lower debt-to-EBIDTA ratio