Reliance Communications will invest Rs 1,500 crore in optimising telecom network and data services this fiscal. The investment will be made across the companyâ€™s network in India as well as its global cable network. A top official said that the company is aiming to increase its market share in India data (internet) services market to the tune of 20-24 per cent over next 4-5 years.
The company has reported over 24 million data customers in India out of which 4 million are active users of 3G services. The company will focus on accelerating GSM revenue growth. RCom reported a 3.1 per cent increase in its net profit at Rs 162 crore for the first quarter ended on June 30 compared to net profit of Rs 157 crore for the same period a year ago.
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