Reliance Communications (BOM:532712)

QUOTE AND NEWS
The Hindu Business Line  Apr 19  Comment 
While the long-term outlook remains negative for Reliance Communications (₹69.8), the stock could see some momentum in the near term. It finds crucial resistance at ₹74.5 and support at ₹66.7.
The Economic Times  Apr 17  Comment 
The issuer is returning to the international bond markets after pulling its debut US$255m five-year non-call three Reg S offering in Dec.
The Economic Times  Apr 5  Comment 
We entered the auction with a focus on the next 20 years in telephony and not unduly biased or driven by the past. We believe the future is 4G and not 2G and 3G.
The Economic Times  Apr 5  Comment 
Avaya has recently completed the first phase of its Rs 500 crore contract with Anil Ambani-led Reliance Communications to overhaul the telecom firm’s call centres.
The Economic Times  Mar 27  Comment 
Bharti Airtel and Reliance Communications (RCom) have gained capability to provide 4G services across the country as they bagged requisite spectrum in the concluded spectrum auction.
The Times of India  Mar 27  Comment 
Reliance Communications has lost airwaves in three of the seven circles where its permits are up for renewal, ending the auctions in a weaker shape.
The Hindu Business Line  Mar 18  Comment 
Reliance Communications (RCom) has appointed Srinivas M as Circle Business Head (Wireless Business), Tamil Nadu and Kerala. Srinivas will be based out of RCom’s Chennai office and will re...
The Economic Times  Mar 11  Comment 
The synergies between Reliance Communications and Reliance Jio Infocomm are similar, said an analyst who can’t be named due to company policy.
The Hindu Business Line  Mar 5  Comment 
Stocks of Bharti Airtel, Idea Cellular and Reliance Communications will remain in focus, as the auction for spectrum heats up. Demand for frequencies to provide basic cellphone and high-speed Inte...
The Hindu Business Line  Mar 3  Comment 
Credit rating agency Fitch has assigned a BB- rating to Anil Ambani’s telecom service provider Reliance Communications as its long-term foreign and local-currency issuer default rating.





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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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