Friday November 27, 02:26 PM Source: Financial Express

RCoM unveils 1 paise per SMS

Reliance Communications (RCOM.NS : 169.3 +1.15) introduced 1 paise per SMS plan taking the tariff war to the data front from voice calls.

The Anil Ambani group company launched a plan under which 1 paise will be charged per SMS and at a monthly rental of Rs 11, Reliance Communications President Mahesh Prasad, said.

Telecom Minister A Raja recently had said telcos need to bring down SMS rates which are currently at 50-60 paise per SMS.

Other operators are likely to follow suit.

Reliance Communications stocks were down 1.54 per cent at 166.30 in the afternoon trade on the BSE (^BSESN : 16036.21 -5.97).

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