In a bid to take the fight to the other Mobile companies who operate under the GSM Category, previously Reliance Communications has applied for the GSM license to the Department of Telecommunications.
In this regard Reliance Communications has recieved necessary approvals from the DOT to offer nation-wide GSM Services under its existing Unified Access Service License.
Reliance is a CDMA operator and is intending to convert its existing GSM Licenses in seven circles into unified access service.
Shares of Reliance Communications reacted positively to the new and the shares were last trading up Rs 3.55 , or 0.5% at Rs 715.00 on the BSE irrespective of the markets being volatile.
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