Younger Ambani led Reliance Communication Ltd (RCom) is set to take the ride on telecom industry's safest bet now a days called 'Google's Android'.
Reports have said that Ambani's telecom and Google have entered into a two-year deal, following which all the Android loaded smartphones will come with RCom's connection.
The smartphones, a market which has shuffled market leadership in recent times, are mainly in demand due to most value added services they support and provide to the users. Experts hope that more than 2 lakh such phones would be sold in India over the next two years.
Now since most of the smartphones come with Google's Android, RCom has indirectly ensured that it retains the leadership in telecom subscribers in the coming years as well.
Though the users would have the right to switch operator, but experts hope that RCom would be able to retain two-thirds of these customers on a long-term basis.
Investors cheered the reports, taking the shares of RCom, up by 2.07 per cent to Rs 88.60 a piece on BSE at 10:28 hours.