Mumbai: Reliance Communications, India's second-largest mobile operator, said it has received additional spectrum to start GSM services in 14 circles, it said in a statement issued late on Friday.
Reliance Communications mainly runs on the rival CDMA platform but also has services on dominant GSM technology that it is expanding and already has a presence in eight circles.
The mobile market in India is booming, with monthly subscriptions for GSM-based mobile operators expanding at about 6 million subscribers a month, thanks to call rates of as low as one US cent, availability of cheap handsets and expansion of networks to smaller towns and rural areas.
Reliance Communications had 37.8 million wireless subscribers at end-October. Its shares ended 2.5 percent lower at 793.50 rupees in a broad Mumbai market that rose 1.19 percent on Friday.
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