Reliance Plans to Unveil 6 K Tablet

Renowned owner of reliance industries Mukesh Ambani is likely to join hands with younger brother Anil Ambani's Reliance Communication (RCom) in a bid to unveil a cheaper tablet for 6,000.This is a major collaboration between the Ambani brothers after their separation in 2005.Reliance industries may use RCom's towers and fiber optic cables to offer high-speed data services. However, this deal will not involve any equity investment by Reliance in RCom.

Reliance industries will also use RCom's transmission facilities like domestic and global long distance networks to carry its data traffic. This partnership will also permit Reliance to access around 50,000 towers of Reliance Communications from 1,500 cities in the country.

Reliance is also aiming to source GSM-based voice services from Reliance Communications in order to provide them through bundled deals to its data customers.

In May 2010, the Ambani siblings had terminated an incomplete agreement which had been in place for five years, permitting Reliance Industries to mark a re-entry into telecom. Subsequently, across the nation, reliance became the only company to acquire licenses for wireless broadband services at 13,000 crore. On the BSE the shares of Reliance Communication were up 2.26 percent at 79.15.