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Reliance Communications (RCom) News
Reliance Communications (RCom)
Opening Bell: Sensex, Nifty gain on strong global sentiments; Airtel, RCom, Kellton Tech stocks gain
Fri, Mar 22, 2019
Nifty has cleared the hurdle of 161.8 per cent Fibonacci retracement level that indicates bullish momentum to continue till the time it sustains above 11,400 mark.
Anil Ambani: Creative destruction of telecom sector resulting in oligopoly
Wed, Sep 19, 2018
Reliance Communications (RCom) on Tuesday said it will exit the telecom business completely and will focus on real estate going forward. Reliance Communications has obtained approval of 100% Indian and foreign lenders on its asset monetisation plan for overall debt resolution.
Reliance Communications completes sale of fibre assets to Reliance Jio for Rs 3,000 crore
Mon, Aug 27, 2018
Last week, Reliance Communications had completed the planned sale of its media convergence nodes (MCNs) and related infrastructure assets, worth Rs 2,000 crore, Reliance Jio Infocomm.
RCom expects to complete Rs 25,000-cr assets sale by Aug end; to pay Ericsson Rs 550 crore
Mon, Aug 06, 2018
Ericsson India Pvt Ltd, which had signed a seven-year deal in 2014 to operate and manage RCom's nationwide telecom network, had alleged that it had not been paid the dues of over Rs 1,500 crore and challenged the debt-ridden firm before National Company Law Appellate Tribunal (NCLAT) .
Spectrum Auction: RJio acquires 269 Mhz for nearly Rs 13,700 crore
Fri, Oct 07, 2016
The company renewed its expiring spectrum in 800 MHz band in Gujarat circle.
Trai may ban Vodafone, RComm's 'unlimited' Hungama.com offers
Mon, Aug 29, 2016
The Telecom Regulatory Authority of India (Trai) may ban Vodafone and Reliance Communications' offers where the two telecom players are offering unlimited movies to its customers from Hungama.com, Assem Manchanda reported.
App-to-App talking: Reliance Communication launches 'Calling ka naya tareeka'
Wed, Aug 17, 2016
Gurdeep Singh, CEO of Reliance Communication said, “RCOM has always had a special emotional connect with Gujarat, and we are excited to redefine voice calling in India by introducing the ‘Calling Ka Naya Tareeka’ offer in our home state, offering app-to-app talking in India, and anywhere in the world."
CAG report: DoT issues demand notices to six telecom companies
Tue, Jul 19, 2016
The notices sent are for one circle and DoT is expected to send notices for all circles within two months, the source added.
RCom expect to announce merger with Aircel soon
Thu, Jun 23, 2016
It said however that any transaction will be subject to regulatory, shareholders' and other third party approvals.
"Shocked" at illegal phone tapping reports; authorities to fully probe the matter: Reliance
Sat, Jun 18, 2016
"The authorities to fully investigate these allegations of illegal phone tapping by highly irresponsible and criminally minded persons", said the company in a statement.
Submit plan for 100 days on call drops issue: Telecom Secy to companies
Fri, Jun 10, 2016
According to the tests by Trai in Hyderabad, customers on Anil Ambani-led Reliance Communications network faced maximum call drops.
Call Drops: Telecoms lose face in Hyderabad
Wed, Jun 08, 2016
TRAI’s call drop test in Hyderabad showed that customers on Anil Ambani-led Reliance Communications network faced maximum call drops.
Rcom, Bharti Airtel stocks edge higher on lower spectrum usage charge
Wed, Jun 08, 2016
The government in January 2014 decided to cap spectrum usage charge (SUC) at a flat 5% for spectrum that was to be procured in future auctions.
Call drops: Except RCom, Vodafone all telcos fail to meet benchmark, says Trai
Wed, Jun 01, 2016
"All telecom operators are performing below call drop rate and it has degraded further compared to previous tests," Trai Advisor Robert A Ravi told reporters
Reliance Communications Q4 net profit falls 22%
Mon, May 30, 2016
RCom also signed a non-binding pact in December to sell its mobile phone masts business to a group of companies led by buyout firm TPG Capital Management LP.
Reliance Communications, Aircel merger talks extended again by 30 days
Sat, May 21, 2016
On March 22, both the companies again extended the discussion period by another 60 days.
Reliance Industries lines up Rs 1.5 lakh crore capex in FY17, mostly for RJio
Sat, Apr 23, 2016
The money will be spent to complete the ongoing expansion projects at Jamnagar and the rollout of the telecom network, said RIL Group's Deputy Chief Financial Officer.
DoT approves RJio, RCom's 4G spectrum sharing deal in 9 circles
Fri, Apr 22, 2016
The spectrum sharing deal will allow Anil Ambani-led RCom and Mukesh Ambani's RJio to offer 4G services on 10 MHz block in 800 Mhz band.