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Our Bureau

Mumbai , July 10

RELIANCE Infocomm is best identified with the CDMA wireless services it provides. But its sister concern, Reliance Telecom Ltd, a GSM wireless operator, has clocked net profit of Rs 11 crore in the last fiscal and has expansion plans in the pipeline too.

The company has drawn up plans to expand services in another 500 towns in the coming months in its circles of operation, according to the Annual Report (2004-2005) of Reliance Industries Ltd (RIL).

RIL and its subsidiaries hold 35.6 per cent of Reliance Telecom after the 10 per cent holding of Nynex International (Asia) Ltd was acquired in April 2004, the report said.

Reliance Telecom has seven telecom circles across 11 States, all in the North-East.

With the recent launch of its Kolkata GSM operation, the company has been able to fill up the gap in the eastern corridor, said the report.

Reliance Telecom's subscriber base grew by 3.25 lakh during the year to reach 1.12 million, reflecting a growth of 41 per cent.It is increasing its radio capacity to cater to increased traffic as a result of increase in usage and subscriber base.

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