Reliance Communications (BOM:532712)

QUOTE AND NEWS
The Economic Times  Apr 24  Comment 
The shareholders of Reliance Communications have today approved with 99.99% majority for the Scheme of Arrangement for demerger of the wireless division of the company and Reliance Telecom Limited.
The Hindu Business Line  Apr 10  Comment 
Shares of Reliance Communications fell on report of job cuts. Reliance Communications stock fell as much as 4.1 per cent in its biggest intraday percentage drop since March 8. The company has lai...
The Economic Times  Apr 7  Comment 
Incidentally, the sackings came after RCom reported its first ever consolidated net loss of Rs 531 crore in the December quarter.
The Economic Times  Mar 10  Comment 
​​The ‘Joy of Holi’ plans offer RCom’s new 4G customers 1GB of data for Rs 49 and 3GB for Rs 149 for 28 days.
The Hindu Business Line  Mar 10  Comment 
Upping the ante in ongoing price war, Reliance Communications has an ‘Unimited Plan’, under which the company would offer 1GB of data access at Rs 49 and 3GB of data for Rs 149. This comes bundled wi...
The Economic Times  Mar 9  Comment 
Buy Reliance Communications Ltd. at a price target of Rs 40 and a stop loss at Rs 32 from entry point
The Economic Times  Feb 20  Comment 
The S&P BSE Midcap index closed 0.6 per cent higher at 13,514, led by gains in JSPL, GMR Infrastructure, Reliance Communications, Adani Enterprises, and Emami.
The Hindu Business Line  Feb 20  Comment 
Shares of Tata Teleservices (Maharashtra) Ltd rose as much as 9.9 per cent to a one-week high. Tata Group has initiated talks with Reliance Communications to be part of a combined entity that also ...
The Economic Times  Feb 20  Comment 
Following the development, shares of Tata Teleservices (Maharashtra) surged 10.43 per cent to hit a high of Rs 6.67 on BSE.
The Economic Times  Feb 13  Comment 
The Anil Ambani-led telecom company agreed to sell a 51% stake in Reliance Infratel, the company’s tower unit, to Canada’s Brookfield Group for Rs 11,000 crore.





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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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