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Microsoft, Cisco pledge support to RCoVL

March 06, 2006 13:42 IST
Source:PTI

Microsoft and Cisco Systems, two of the world's leading information technology companies and working closely with Anil Ambani controlled Reliance Communications, on Monday extended all support for creating world-class infrastructure in India and congratulated Anil over listing of shares at bourses.

Broadcasting live message using IPTV (Internet Protocol TV) technology just prior to the beginning of trading, Steve Ballmer, CEO of Microsoft said, "We look forward to working with Reliance Communications to bring this exciting technology to consumers in India."

"In fact, this message is being delivered to you today on the stock exchange floor using the Microsoft T V IPTV platform. IPTV is an innovative new technology that enables communications services providers to deliver next generation television services that make TV viewing experience better and more personalised," he said.

In his message, Cisco Systems CEO John Chambers said his company and Reliance were working together to provide state-of-the-art infrastructure as converged services come together.

"Cisco and Reliance, together are working very closely in terms of providing next generation infrastructure as converged services come together in a world class means," Chambers said and congratulated Anil on the occasion.

RCOVL on Monday got listed at the exchanges, opening strongly at Rs 290 a share and touched a high of Rs 309 minutes after listing.

The opening of RCOVL was with a market capitalisation of Rs 36,450 crore (Rs 364.5 billion).

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Source: PTI
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