Reliance Communications (RCOM) reported a consolidated net profit of Rs 171 crore for the quarter ended Q3FY16, up 9.61% from Rs 156 crore in the preceding quarter. The company’s internet connections for the quarter also increased to 38.8 million from 37.2 million in the preceding quarter. Here are some of the highlights from the concall. Liberalization of spectrum: RCOM had applied for liberalization of its allocated spectrum in 800MHz band in 20 circles. The company claims to now have liberalized 800MHz spectrum in 18 of the 22 circles. On call drops: On 16th Oct 2015, regulations for Call Drop were issued by TRAI effective from Jan 01, 2016. USPI and COAI have challenged these regulations before Delhi High court. After hearing the parties at length, the High Court has reserved the order. Facebook Tap: RCOM has partnered with Facebook to launch a service called “Facebook Tap”. The service enables customers to use Facebook without a data pack or data charges. A digital switch on customers Facebook pages will enables them to toggle between ‘Go to Free’ and ‘View Photos’ mode. In ‘Go to Free’ mode customers can send text messages & post without any data pack or charge. To view photos, customers need to tap on the ‘View Photos’ mode for which they will be charged as per the regular data tariff. On Aircel & MTS merger: The combination of RCOM, Aircel & MTS will create an entity that will be amongst the top 3 by RMS in 13 out…
