Reliance Communications (BOM:532712)

QUOTE AND NEWS
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.
The Economic Times  Feb 11  Comment 
The telco had 32 million customer for data services, including 23.4 million for 3G/4G services, in the third quarter.
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.





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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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