RCom

RCom plans to steeply pare debt by Rs 15,000 cr over next 2 yrs

Reliance Communications on Tuesday said it plans to reduce its debt to below Rs 20,000 crore in the next couple of years and also will roll out 4G services by next fiscal.

Sep 30, 2014, 18:17 PM IST

RCom to seek approval to issue shares to QIBs at AGM

Telecom services provider Reliance Communications Thursday said it will seek shareholders' approval to raise funds through securities from Qualified Institutional Buyers at its annual general meeting on September 30.

Sep 04, 2014, 19:12 PM IST

RCom aims to lower debt by 37% to Rs 25,500 cr in 1 year

The Anil Ambani-led company plans to use the key infrastructure-- mobile towers and optical fibre-- of his elder brother Mukesh Ambani's company Reliance Jio Infocomm for future expansion rather making its own fresh investments

Aug 17, 2014, 18:42 PM IST

Reliance Communications Q1 net profit up 22% at Rs 132 cr

Telecom operator Reliance Communications Thursday posted over 22 percent increase in consolidated net profit at Rs 132 crore for the first quarter ended June 30, 2014.

Aug 14, 2014, 19:05 PM IST

Gross revenue of 22 telecom operators drop in Oct-Dec FY14

Gross revenue of 22 telecom operators, including Bharti Airtel, RCom, BSNL and Tata Teleservices, declined in October-December quarter of 2013 compared to the previous quarter, government said on Monday.

Aug 11, 2014, 23:04 PM IST

RCom receives Rs 650 cr from promoter group

The remaining Rs 650 crore will be received by the firm before March 31, 2015, RCom said in a statement.

Aug 07, 2014, 15:12 PM IST

RCom subsidiary raises about Rs 2,100 cr through global bonds

The company said that it will use about Rs 1,500 crore (USD 250 million) of the proceeds to refinance the Standard Chartered Bank Loan Facility.

Jul 25, 2014, 14:46 PM IST

RCom raises Rs 4,808 cr in share sale to institutional buyers

Reliance Communications (RCom) on Friday said it raised about Rs 4,808 crore by selling shares to institutional investors to help trim debt.

Jun 27, 2014, 19:59 PM IST