Reliance's foray in telecommunications

1. Reliance bought the pan India broadband wireless access from Infotel for usd 1 billion. In addition the reliance industries will pay the government 2.8 billion

2. Reliance was able to buy Infotel after cancelling the non compete agreement with brother Anil Ambani

3. BWA so far does not allow voice transmission. But reliance industries is expected to over come the hurdle

4. Voice has also been commoditized in India and transmitting other types of data will open blue oceans for the reliance industries.

5. The Indian government should also be commended on the way they handled the bidding process and liberated the telecommunications industry

6. The bidding process allowed for multiple phases and allowed to create highly competitive market for Indian companies that have acquired global capabilities