Reliance Infocomm, which is readying its terabit capacity FALCON R network, has reportedly halved international private leased circuit (IPLC) tariffs for "full circuits" in anticipation of selling the capacities that will be available for use in the first quarter of calendar year 2006. Reliance's landing point for the cable at Versova in Andheri, Mumbai is already complete. Since these tariffs are for full circuits, the competition would have a bearing on the half-circuit tariff charged by not only Indian ILD operators such as Bharti and VSNL but also on international operators which commonly offer the "other half-circuit". Full-circuit prices charged by Reliance Infocomm are currently around Rs 700,000 (per annual basis) for E1 capacity (2 Mbps), around Rs 42.7 million for DS3 (45 Mbps) and over Rs 120 million for STM-1 (155 Mbps). These will be reduced by more than 50 per cent for consumers.