wordpress blog stats
Connect with us

Hi, what are you looking for?

Reliance Communications Forms Rural JV With Kribhco

Government promoted co-operative society Krishak Bharati Cooperative Limited (Kribhco), has formed a joint venture with Reliance Communications for retailing customised telecom products and farmer specific value added services in rural India. The joint venture company is called Kribhco Reliance Kisan Ltd, according to the co-operatives 2008-2009 highlights report. Business Standard adds that Kribhco will hold 60 percent in the company, while Reliance ADA Group will hold 40 percent. While services will initially focus on RCOM, but could be expanded to include other Reliance ADA group companies like Reliance Capital, Reliance Entertainment and BIG TV, RCOM President (Wireless) S.P. Shukla told Business Standard. Kribhco manufactures fertilizer, and has a large distribution channel for retailing telecom services. The urban centres - metros, B & C class towns are fast becoming saturated, and telecom operators are looking for ways and means of providing telecom services to rural markets in India, which remain largely underpenetrated. Kribhco will provide RCOm with a distribution channel of around 25,000 co-operatives. This deal mirrors another rural joint venture formed between Bharti Airtel and IFFCO for rural services. In case of the Airtel-IFFCO joint venture, IFFCO also retained a majority stake at 50 percent, while Bharti Airtel and Star Global kept 25 percent each. Services they offered include voice updates on mandi prices, farming techniques, weather forecasts, as well as the marketing of IFFCO  fertilizer availability to the farmers, Related: -- Reuters Market Light Goes To Himachal; Pan-India With Nokia; Txt vs GPRS vs Voice -- BSNL Revises Rural Kiosk Roll Out; First Kiosk…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ