Reliance Communications touched an intraday high of Rs 128.80 and an intraday low of Rs 125.05. At 11:42 hrs the share was quoting at Rs 126.40, up Rs 0.40, or 0.32% on the NSE.
According to Sources the company is likely to launch 3G services today, reports CNBC-TV18.
It was trading with volumes of 2,608,353 shares. On Friday the share closed up 3.07% or Rs 3.75 at Rs 126
i have my doubts. it would be complete idiocy on their part to launch their network today without doing any marketing for it. i mean it would have been better if they had run television ads highlighting the launch today. from what i see, they would just make an announcement today for a launch on a later date.
India’s No. 2 mobile phone operator earlier on Monday said it was starting 3G services in four cities — Delhi, Mumbai, Kolkata and Chandigarh — and would cover all its 13 zones by the end of March next year.
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