Reliance Communications (BOM:532712)

The Hindu Business Line  Jan 12  Comment 
Aircel is likely to move an application to the Supreme Court seeking clarity on its ongoing merger with Reliance Communications and 4G spectrum sale to Airtel. The operator has informed the Departmen...
The Economic Times  Dec 22  Comment 
The deal boosted sentiment in other Anil Dhirubhai Ambani Group stocks as well, with Reliance Capital, Reliance Infrastructure and Reliance Power gaining up to 2-3% intraday.
Reuters  Dec 21  Comment 
Indian telecommunications carrier Reliance Communications Ltd said on Wednesday it had signed a binding pact with Canada's Brookfield Infrastructure for selling a stake in its mobile phone tower business.
The Economic Times  Dec 20  Comment 
"Fitch Ratings has downgraded India-based Reliance Communications Limited's (RCom) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) to 'B+' from 'BB-.'
The Economic Times  Dec 2  Comment 
Idea Cellular fell 5.9%, Bharti Airtel fell 1.66% and Anil Ambaniowned Reliance Communications fell 5.05% on Thursday.
The Economic Times  Dec 1  Comment 
Moody's Investors Service on Wednesday downgraded Reliance Communications Limited's (RCOM) corporate family rating and senior secured bond rating to B1 from Ba3.
The Economic Times  Nov 30  Comment 
Out of 56 cases of MNP rules flouted by telecom carriers in the last four fiscal years, including the current year, 29 cases are against Vodafone alone.
The Hindu Business Line  Nov 22  Comment 
Info-Tech₹4,800-cr tax case: Relief for RCom Reliance Communications on Tuesday said the Supreme Court has dismissed the Special Leave Petition filed by the Income-Tax Department against the company o...
The Hindu Business Line  Nov 22  Comment 
The Supreme Court has dismissed a petition filed by the Income Tax Department against Reliance Communications (Rcom), quashing a tax liability of about Rs 4,800 crore (including interest). The I-T de...
Reuters  Oct 14  Comment 
Reliance Communications is selling a 51 percent stake in its tower assets to Canada's Brookfield Infrastructure Group for 110 billion rupees ($1.65 billion), in a deal that will help cut the phone carrier's huge debt.

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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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