RCOM to optimise 2G, 3G footprint by November 30
"As already announced on 1 October 2017, RCOM has decided to adopt a 4G-focussed strategy for profitable growth of its wireless business," a Reliance Communications spokesperson said.
Oct 25, 2017, 19:23 PM IST
RCOM to optimise 2G, 3G footprint by November 30
"As already announced on 1 October 2017, RCOM has decided to adopt a 4G-focussed strategy for profitable growth of its wireless business," a Reliance Communications spokesperson said.
Oct 25, 2017, 19:23 PM IST
DoT approves RCom-Sistema Shyam merger
The closure of the transaction is expected by the first week of November 2017.
Oct 24, 2017, 08:10 AM IST
As telecom sector reels, need for government to step in (News Analysis)
One of the reasons is the high levies imposed on the sector. Industry bodies have often in the past bemoaned the fact that the Indian levy on the sector is in the 30 per cent-plus range.
Oct 04, 2017, 18:26 PM IST
Anil Ambani says telecom sector in ICCU, warns of monopoly
He also promised to get RCom out of its difficulties by March 2018, saying its lenders are supportive of all its actions.
Sep 26, 2017, 20:21 PM IST
NCLT approves RCOM-Aircel merger, Brookfield deal
The National Company Law Tribunal (NCLT) on Monday passed an order allowing the Aircel-Reliance Communications merger and also the Brookfield Towers sale to proceed.
Aug 14, 2017, 15:48 PM IST
RCom plans to issue shares to lenders in lieu of debt
Telecom operator Reliance Communications, which is reeling under debt of about Rs 45,000 crore, plans to issue shares to lenders for the debt that it has raised from them, as per a regulatory filing of the company.
Aug 09, 2017, 23:27 PM IST
RCom offers 4G VPN solution for businesses
Launched by RCom`s India enterprise business services unit `Branch Connect` offers secure high-performance wireless connectivity to connect branch offices, warehouses or partner offices to the corporate private network.
Jul 04, 2017, 15:57 PM IST
RCom jumps over 6% on monetisation of realty assets
Reliance Communications, which is saddled with Rs 45,000 crore of debt, has got a 7-month reprieve from banks to service it.
Jun 22, 2017, 13:13 PM IST
Anil Ambani not to draw RCom Chairman's salary in 2017-18
Telecom major Reliance Communications (RCom) Chairman Anil Ambani has voluntarily decided to forego his salary and commission from the company during the current financial year as part of its "strategic transformation programme", RCom announced on Wednesday.
Jun 14, 2017, 16:34 PM IST
RCom rejects rating downgrades by Moody's, Fitch
Telecom operator Reliance Communications on Tuesday rejected credit rating cuts by Moody's and Fitch as the agencies' views apply only on its USD 300 million bonds, which are being serviced regularly.
Jun 07, 2017, 18:16 PM IST
Telecom industry's cash deficit at Rs 1.2 lakh crore: RCom
Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000 crore deficit between the industry's earnings and its debt/payment commitments this year, says debt-laden Reliance Communications.
Jun 04, 2017, 16:11 PM IST
RCom gets 7 months to service debt; to cut burden by 60%
Debt-laden Reliance Communications on Friday said its lenders have agreed to a strategic restructuring plan under which it will get a 7-month standstill to service loans amounting to Rs 45,000 crore.
Jun 02, 2017, 18:38 PM IST
RCom shares continue to reel under pressure, tank 9.5%
Shares of Reliance Communications on Wednesday tanked 9.5 percent after Moody's Investors Service downgraded the company's corporate family rating and senior secured bond rating on account of weak performance and "fragile" liquidity position.
May 31, 2017, 13:16 PM IST
RCom bond sell-off gathers pace after Moody's rating cut
A sell-off in Reliance Communications Ltd`s bonds accelerated on Wednesday after rating agency Moody`s cut its rating on the company deeper into junk territory, underscoring the extent of its debt woes.
May 31, 2017, 11:23 AM IST
Get 3GB data, unlimited local and STD calls at just Rs 149 on RCom
Reliance Communications is offering 1GB data to new 4G customers for Rs 49 whereas 3GB data will be priced at Rs 149 plus free, unlimited local and STD calls within its network.
Mar 10, 2017, 12:54 PM IST
Aircel case in SC not going to impact merger: RCom
Telecom operator Reliance Communications on Monday hoped that the ongoing case against Maxis top officials will not impact the merger of its wireless business with that of Aircel.
Feb 13, 2017, 23:14 PM IST
RCom pledges 10.4 crore shares to Axis Trustee Services
Reliance Communications Ltd has pledged an additional 10.4 crore shares, amounting to 4.18 per cent stake, to Axis Trustee Services.
Feb 04, 2017, 20:13 PM IST
Superfast Features: Reliance Comm sells tower business to Brookfield to pare debt
Reliance Comm sells tower business to Brookfield to pare debt.
Dec 21, 2016, 16:03 PM IST
Rcom-Aircel merger: Biggest consolidation deal in India's telecom sector
Termed as the biggest consolidation deal in the telecom space of India, Reliance Communications and Aircel merged their wireless operations on September 14 to give birth to an entity with assets worth Rs 65,000 crore.
Dec 15, 2016, 16:59 PM IST
