Tuesday 3 December 2013

RCom raises prices of 3G data by 27%

Reliance Communications (RCom) has hiked its 3G data prices by around 27% and the new rates have become effective from December 1, 2013 for new connections, while those subscribers on the old plan will continue with their old rates. This move comes four months after the operator unveiled its plan making its 3G cheaper than 2G, for both pre-paid and post-paid users.

As per the increased rates, the company’s Rs 123 pack which came with 1 GB data, will now provide only 400 MB. The same plan will now yield 60 per less data. The subscriber will have to shell out Rs 156 for 1 GB data. Moreover, its Rs 246 pack which earlier allowed downloads worth 2 GB, will now allow only 1.5 GB.

The company reported 800% rise in its net profit at Rs 81 crore for the second quarter ended September 30, 2013 as compared to Rs 9 crore for the same quarter in the previous year. Total income of the company increased by 13.50% at Rs 3472 crore for quarter under review as compared to Rs 3059 crore for the quarter ended September 30, 2012. 

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