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RCom
CDMA biz to stop bleeding within 18 months: RCom CDMA biz to stop bleeding within 18 months: RCom "We see in 12 to 18 months...Bleeding stop completely and this segment also contributing to growth," RCom Chief Executive Officer for Wireless Business Gurdeep Singh said to a query on the company's CDMA business during an analysts call on earnings.
RCom to use CDMA spectrum for data services; GSM for voice RCom to use CDMA spectrum for data services; GSM for voice Reliance Communications Friday said it would use CDMA spectrum mainly for providing wireless Internet services to increase revenues and migrate its predominantly voice customers to GSM technology platform.
RCom Q4 net profit down over 8% at Rs 303 cr RCom Q4 net profit down over 8% at Rs 303 cr Reliance Communications Friday reported 8.73 percent dip in net profit at Rs 303 crore for the fourth quarter ended March 31, 2013.
RCom clears debt of Rs 2,700 crore RCom clears debt of Rs 2,700 crore Telecom operator Reliance Communications today said it has made full payment of a loan amounting to over Rs 2,700 crore that was taken from a group of international banks.
RCom hikes mobile call rates by up to 30% RCom hikes mobile call rates by up to 30% Reliance Communications Monday said it has hiked mobile call rates for both its GSM and CDMA pre-paid customers by up to 30 percent to improve the profits.
RCom surges 13.5%; stock hits 52-week high in intra-day RCom surges 13.5%; stock hits 52-week high in intra-day Shares of Reliance Communications Monday surged about 13.5 percent after the company said it is in advanced stage of talks for selling a stake in enterprise business unit to a consortium of PE funds that includes Samena Capital.
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