Reliance Communications (BOM:532712)

QUOTE AND NEWS
Cellular News  5 hrs ago  Comment 
Global Cloud Xchange (GCX), a subsidiary of India's integrated telecommunications service provider Reliance Communications (RCOM), today announced a new partnership with data center provider Sovereign Business Integration...
The Economic Times  Jun 22  Comment 
Last October, RCom had inked a non-binding pact with Brookfield Infrastructure Group to sell a majority 51% stake in Reliance Infratel for Rs 11,000 crore.
The Economic Times  Jun 22  Comment 
The move follows controversy over rating actions on firms like Reliance Communications.
The Hindu Business Line  Jun 22  Comment 
Shares of Reliance Communications surged over 6 per cent today after the company said it has started the process to monetise its real estate assets in Delhi and Mumbai as part of efforts to pare debt...
The Economic Times  Jun 20  Comment 
The beleaguered mobile carrier is looking to raise nearly Rs 11,000 crore by monetising prime properties in Mumbai and Delhi.
The Times of India  Jun 14  Comment 
Reliance Communications Chairman Anil Ambani will not take any salary or commission in the current financial year as the company is reeling under huge debt and credit downgrades. The top management of the company has also decided to defer their...
The Hindu Business Line  Jun 11  Comment 
An Inter-Ministerial Group (IMG) set up to look into the bleeding telecom sector is slated to meet operators this week, starting with officials of Reliance Communications and Aircel.The IMG, accordi...
The Hindu Business Line  Jun 8  Comment 
Shares of Reliance Communications fell more than 3 per cent today, extending the downtrend due to sluggish investor sentiment after Fitch and Moody’s Investors Service further downgraded the company’...
The Economic Times  Jun 7  Comment 
“In actual fact, the same (pact with lenders) directly addresses their (ratings agencies) key concerns about the short term liquidity situation,” the telco explained.
The Hindu Business Line  Jun 7  Comment 
The Economic Times  Jun 5  Comment 
RCom is in the midst of securing approvals necessary to complete the two deals, including from lenders and the National Company Law Tribunal.





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Business Profile

Reliance Communications (RCOM), a part of Anil Dhirubhai Ambani group, was originally incorporated on July 15, 2004 as a private sector company. The status of the company changed from private to public on July 25, 2005. RCOM was formerly known as Reliance Communication Ventures Ltd. RCOM has its corporate office in Navi Mumbai, India.

Reliance Communications offers a reliable, high-capacity, integrated (both wireless and wireline) and convergent (voice, data and video) digital network. It offers a range of services spanning the entire infocomm (information and communication) value chain, including infrastructure and services ? for enterprises as well as individuals, applications, and consulting. RCOM provides a complete range of telecom services covering mobile and fixed line telephony which includes broadband, national and international long distance services and data services along with an exhaustive range of value-added services and applications.

Reliance Communications owns and operates the world`s largest next generation IP enabled connectivity infrastructure, comprising over 165,000 kilometers of fibre optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region.

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