Mobile Data Service MBlaze Launched by MTS

Mobile data services provider MTS, a unit of Sistema Shyam Teleservices Ltd. has announced the nationwide launch of its new high speed data service MBlaze, which is offering free use of a few websites. With speeds up-to 3.1 MBPS, the service is being offered all across India for a very affordable tariff of 10 paisa or 1MB download.

As of recent official figures shared, MTS has a subscriber base of over 2.5 million users across telecom circles of West Bengal, Rajasthan, Tamil Nadu, Karnataka, and more. On a global level, the service boasts in excess of 100 million subscribers.

With the launch, MTS subscribers will be able to use the service, which is pre-paid, at highly affordable rates. Also, there will be no roaming charges when using the data service in a different circle of the network.

With rapidly growing users, MTS is looking to expand its network as much as possible, and will be available in an additional 26 cities starting next year. Currently the carrier operates in Delhi- NCR, Jaipur, Durgapur, Kochi, Kerala, Mysore and Bengaluru, among others.

As of now, the service has been introduced to eight MTS circles, and will be launched for the Mumbai circle in December. Free browsing of Yahoo, Wikipedia, and MakemyTrip, among others, is available under all tariff plans offered.


Tagged with

Miscellaneous

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Reliance Industries Purchase an Additional 0.68% Interest in EIH Ltd.

Owner of Energy giant Reliance Industries, Mukesh Ambani has put in an extra 0.68% in EIH Ltd. With this, his total stake in the hotel chain has increased to 14.8%. In a filing to the Bombay Stock Exchange, EIH said that the shares were purchased from the market on Tuesday.

Shares of Reliance surged 0.3% at Rs. 939.3 in proportion to the Mumbai market at 1.26pm, while EIH shares witnessed a 4.5% rise at Rs. 150.2.

On Monday, Reliance was quoted saying that it is widening its horizon and has procured 14.12% stake in EIH for a sum of $217.5 million.

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

Bajaj Auto Records 55% Surge in Sales of Vehicles in August

On Thursday, Bajaj Auto posted a 55% increase in its sales of vehicles. In the month of August, the Company recorded sales of 3,29,364 vehicles, compared to 2,13,072 units in the same month the year before.

Last month, 2,89,176 two wheelers were sold by Bajaj Auto, a big surge than 1,82,441 units, which were sold in August 2009. The Company’s cumulative sales of two wheelers for the time frame between April and August 2010 increased by 68% and were recorded at 1,397,348 units. The number was high from 833,235 units that were retailed during the same period last year.