RCom plans to steeply pare debt by Rs 15,000 cr over next 2 yrs
Reliance Communications on Tuesday said it plans to reduce its debt to below Rs 20,000 crore in the next couple of years and also will roll out 4G services by next fiscal.
Sep 30, 2014, 18:17 PM ISTRCom to seek approval to issue shares to QIBs at AGM
Telecom services provider Reliance Communications Thursday said it will seek shareholders' approval to raise funds through securities from Qualified Institutional Buyers at its annual general meeting on September 30.
Sep 04, 2014, 19:12 PM ISTRCom aims to lower debt by 37% to Rs 25,500 cr in 1 year
The Anil Ambani-led company plans to use the key infrastructure-- mobile towers and optical fibre-- of his elder brother Mukesh Ambani's company Reliance Jio Infocomm for future expansion rather making its own fresh investments
Aug 17, 2014, 18:42 PM ISTReliance Communications Q1 net profit up 22% at Rs 132 cr
Telecom operator Reliance Communications Thursday posted over 22 percent increase in consolidated net profit at Rs 132 crore for the first quarter ended June 30, 2014.
Aug 14, 2014, 19:05 PM ISTGross revenue of 22 telecom operators drop in Oct-Dec FY14
Gross revenue of 22 telecom operators, including Bharti Airtel, RCom, BSNL and Tata Teleservices, declined in October-December quarter of 2013 compared to the previous quarter, government said on Monday.
Aug 11, 2014, 23:04 PM ISTRCom receives Rs 650 cr from promoter group
The remaining Rs 650 crore will be received by the firm before March 31, 2015, RCom said in a statement.
Aug 07, 2014, 15:12 PM ISTRCom subsidiary raises about Rs 2,100 cr through global bonds
The company said that it will use about Rs 1,500 crore (USD 250 million) of the proceeds to refinance the Standard Chartered Bank Loan Facility.
Jul 25, 2014, 14:46 PM ISTRCom raises Rs 4,808 cr in share sale to institutional buyers
Reliance Communications (RCom) on Friday said it raised about Rs 4,808 crore by selling shares to institutional investors to help trim debt.
Jun 27, 2014, 19:59 PM IST