Reliance Adds Over1 Million New Customers - Switches off 4 Million Though

India's Reliance Communications says that it has acquired over 1.2 million wireless subscribers in the month of March 2007. Reliance Communications has also maintained its position as India's second largest wireless operator, with a re-verified wireless subscriber base of over 28 million as on 31st March 2007.

As on March 31, 2007, Reliance Communications has completed re-verification of 85% of its entire wireless subscriber base, in accordance with the industry-wide requirement from the Department of Telecommunications (DoT) in the interests of national security.

In accordance with the DoT's requirements, subscribers that could not be verified at the end of the stipulated period, despite intensive efforts made by the company, have been deactivated. This means the company is suspending the accounts of some 4.2 million customers.

However, Reliance Communications will continue its subscriber re-verification initiatives, and customers submitting the requisite complete documentation will be re-activated within 48 hours.

There will be no adverse impact from the re-verification exercise, either on total revenues or profitability, as the de-activated customers did not generate any material revenues in the last quarter. In fact, Reliance Communications' ARPU is expected to increase by 12% as a result of the re-verification exercise."

Posted to the site on 9th April 2007