Reliance Communication, the Indian incumbent, has kept aside an investment of $1 billion for the roll out of it 3G services in India. Nearly $0.96 billion of investment will come from RCom’s internal cash treasury. It is seen that 3G rollout will operate on the GSM network, which is scheduled for a formal launch shortly.
RCom also seeks for a strategic partner who will help in 3G rollout. Korean Telecom company SKCC is supposedly said to be in discussions with Reliance Communications for providing VAS for 3G, as well as IPTV. Whereas, SK C&C has said it is interested in leveraging its experience on the CDMA platform, and is looking for acquisitions in India, as well as partnerships and joint ventures.
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