Reliance Communications (BOM:532712)

QUOTE AND NEWS
The Economic Times  May 26  Comment 
The company has inked three-year deals with Vodafone India and RCom, worth about Rs 20 crore and Rs 15 crore respectively.
The Economic Times  May 25  Comment 
Bharti Airtel gained as much as 3.45 per cent, while Idea Cellular Ltd was up 1.94 per cent and Reliance Communications Ltd up 2.81 per cent in intraday trade.
The Economic Times  May 16  Comment 
Although at an early stage, the deal is said to be structured in such a way that it would involve a share-swap with no cash changing hands.
The Economic Times  May 15  Comment 
Vladimir Yevtushenkov said on Friday that he has held talks with tycoon Anil Ambani's Reliance Communications about a joint venture in India.
The Economic Times  May 12  Comment 
The national auditor has accused the telecom department (DoT) of giving “undue benefits” to four dual-technology operators – Reliance Communications, Tata Teleservices, Shyam Telelink and HFCL Infotel Ltd.
The Economic Times  May 10  Comment 
The objective is to consolidate the services of the group into a single, self-service, fully integrated, video-enabled branch kiosk, a source said.
The Economic Times  May 10  Comment 
CAG has pulled up the vigilance arm of the DoT for not taking timely action on violation of rules by companies including Reliance Communications and Airtel.
The Economic Times  May 8  Comment 
The national auditor has accused the telecom department (DoT) of giving “undue benefits” to four dual-technology operators.
The Economic Times  May 6  Comment 
Ratings agencies Moody's and Fitch have assigned stable outlook on $300 million debt facility of telecom firm Reliance Communications.
Reuters  May 6  Comment 
Reliance Communications Ltd said on Wednesday it had invited proposals from investment banks to monetise assets of the company's tower unit, Reliance Infratel, within the year ending March 2016.





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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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