RCom short-lists bidders for stake sale in tower arm
Reliance Infratel has more than 45,000 mobile towers, and proceeds from the stake sale will help the company reduce debt this fiscal.
Aug 17, 2015, 16:09 PM IST
RCom rolls out cloud delivery network in 5 cities
Anil Ambani-owned Reliance Communications (RCom) Tuesday launched a next-generation cloud services delivery network in five cities of the country.
Jul 21, 2015, 17:46 PM IST
RCom in talks with ATC, Carlyle for stake sale in tower biz
Telecom operator Reliance Communications is in talks with American Tower Company (ATC) and Carlyle to sell majority stake in its tower subsidiary Reliance Infratel in the current financial year.
Jun 29, 2015, 21:12 PM IST
Reliance Communications launches innovative portal for pre-paid GSM customers
Reliance Communications on Thursday announced the launch of an innovative portal "Mera Number, Meri Deal" for its pre-paid GSM customers.
Jun 18, 2015, 18:35 PM IST
RCom, Sistema in talks to merge telecom biz in India
Anil Ambani-led Reliance Communication Monday said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap.
Jun 15, 2015, 17:02 PM IST
RCom plans to monetise non-core assets to lower debt
Reliance Communications Monday said it is looking at monetising its non-core assets to bring down the debt-to-EBIDTA ratio to about 3 in 18-24 months.
Jun 01, 2015, 21:51 PM IST
RCom to invest up to Rs 2,000 cr this fiscal
RCom has already raised USD 300 million early this month for capital expenditure.
May 31, 2015, 12:11 PM IST
RCom Q4 net profit jumps by 46% to Rs 228 cr
Shares of RCom closed at Rs 67.8 a unit, up 5.28 percent from previous close on BSE.
May 29, 2015, 19:10 PM IST
Telecom Ministry seeks legal opinion on CAG's observations
The Telecom Ministry has sought legal opinion on a CAG report that stated undue benefits were extended to companies including Reliance Jio, Bharti Airtel, RCom and Tata Teleservices on a number of issues.
May 17, 2015, 13:52 PM IST
CAG flags financial gap of Rs 31,000 cr in telecom sector
Raising concerns over various policy issues in telecom sector, the CAG on Friday flagged financial gaps to the tune of over Rs 31,000 crore including towards non-imposition of fines and the undue gains to private operators including Reliance Jio, Airtel, RCOM and Tata Tele.
May 08, 2015, 22:46 PM IST
RCom mulls monetising tower and fiber assets this fiscal
Debt-laden telecom major Reliance Communications is looking at monetising its tower and fiber assets this fiscal to reduce debt and has appointed investment bankers for the purpose.
May 06, 2015, 17:11 PM IST
RCom raises $300 mn in overseas debt at 6.5%
Country's fourth largest telcom operator Reliance Communications (RCom) has mopped up USD 300 million from global investors by selling 5.5-year dollar debt at 6.5 percent.
Apr 27, 2015, 22:02 PM IST
GCX's CEO gets charge of RCOM's Enterprise
Telecom operator Reliance Communications on Monday said Chairman and CEO of subsidiary GCX Bill Barney has been given the additional charge of its domestic enterprise business.
Mar 30, 2015, 20:42 PM IST
Now capable of providing 4G pan-India: RCom
Telecom operator Reliance Communications (RCom) on Friday said it has gained capability to provide 4G services across the country on the back of spectrum won by it in the recently concluded spectrum auction.
Mar 27, 2015, 10:47 AM IST
RCom Q3 Net up 86% at Rs 201 crore
The company had posted a net profit of Rs 108 crore in the same quarter a year ago.
Feb 13, 2015, 22:42 PM IST
RCom, Avaya ink Rs 500 cr customer care ops upgrade deal
Though the companies declined to disclose the exact deal size, the transaction is believed to be in the range of Rs 450-500 crore, according to sources.
Feb 05, 2015, 19:03 PM IST
RCom gets Rs 650 cr from TIFPL; promoter group firm ups stake
Reliance Communications on Tuesday said its group entity Telecom Infrastructure Finance Pvt Ltd has paid it Rs 650 crore, increasing promoters' holding to 59.7 per cent in the company.
Jan 20, 2015, 15:35 PM IST
Promoters pledge Rs 3,700-cr worth shares in 3 Reliance firms
Promoter entities of three companies of Anil Ambani-led Reliance Group -- RCOM, R-Infra and R-Power -- have pledged shares that are worth about Rs 3,700 crore at the current market value.
Dec 24, 2014, 23:44 PM IST
Reliance Comm signs seven year managed services deal with Ericsson
This is the first pan-Indian managed services deal for Ericsson, the statement said.
Dec 05, 2014, 19:40 PM IST
RCom launches talk loan service for GSM pre-paid customers
Reliance Communications on Monday launched a service for GSM pre-paid customers wherein they can avail of a Rs 5-10 loan for calling and data usage if the balance falls below Rs 10.
Nov 24, 2014, 16:07 PM IST
