Reliance Communications (BOM:532712)

QUOTE AND NEWS
The Hindu Business Line  Aug 17  Comment 
After hitting a high of ₹157 in June, the stock has been on a correction mode. Reliance Communications (RCom at ₹120.7) is likely to move within a narrow range before taking a clear direct...
The Economic Times  Aug 17  Comment 
Reliance Jio and RCom to utilise existing and future infrastructure of both companies on reciprocal basis, including optical fibre, towers.
The Economic Times  Aug 14  Comment 
RCom posted over 22 per cent increase in consolidated net profit at Rs 132 crore for the first quarter ended June 30, 2014.
Wall Street Journal  Aug 14  Comment 
India's Reliance Communications said its net profit last quarter rose 21% from a year earlier due to lower interest costs and rising Internet use.
The Hindu Business Line  Aug 7  Comment 
Reliance Communications (RCom), the country’s fourth-largest telecom operator by subscribers, has received ₹650 crore as the first instalment from a promoter group. This is half of the...
The Economic Times  Aug 7  Comment 
"Reliance Communications is a 'SELL' call with a target of Rs 125 and a stop loss of Rs 131."
The Economic Times  Aug 1  Comment 
The TERM cell, found that both the companies had jointly unilaterally switched off services from 1,419 mobile towers out of 3,205 sites
The Hindu Business Line  Jul 25  Comment 
Global Cloud Xchange, the submarine cable subsidiary of Reliance Communications (RCom), has raised $350 million through bonds in the international markets. The notes were priced at 100 pe...
The Economic Times  Jul 22  Comment 
The call centre outsourcing deal – which could be announced next week - involves nearly 3,500 employees based at its Dhirubhai Ambani Knowledge City (DAKC) near Mumbai and another 1,000 based at 12 regional call centres.
The Economic Times  Jul 11  Comment 
"Reliance Communications Ltd is a 'SELL' call with a target of Rs 116 and a stop loss of Rs 130.50."





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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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