Last Updated: Sunday, August 17, 2014, 18:42
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
Last Updated: Thursday, August 14, 2014, 19:05
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.
Last Updated: Monday, August 11, 2014, 23:04
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.
Last Updated: Monday, August 11, 2014, 16:32
Idea cellular emerged as the top most gainer of subscribers from mobile number portability (MNP), showing a net gain of around 95 lakh customers till June 30, Parliament was informed on Monday.
Last Updated: Thursday, August 07, 2014, 15:12
The remaining Rs 650 crore will be received by the firm before March 31, 2015, RCom said in a statement.
Last Updated: Friday, July 25, 2014, 14:46
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.
Last Updated: Wednesday, July 02, 2014, 21:19
US and European institutional investors bought a majority of shares in the over Rs 4,800-crore QIP offering by telecom operator Reliance Communications.
Last Updated: Friday, June 27, 2014, 19:59
Reliance Communications (RCom) on Friday said it raised about Rs 4,808 crore by selling shares to institutional investors to help trim debt.
Last Updated: Wednesday, June 25, 2014, 12:17
Shares of leading telecom operator Reliance Communications (RCOM) fell Wednesday after the company priced a proposed share sale for institutional investors at a discount to the current market price.
Last Updated: Wednesday, June 25, 2014, 11:31
The company, which opened the qualified institutional placement (QIP) at a price of Rs 142.13 a share, got total bids of more than Rs 12,000 crore, of which it retained Rs 4,800 crore, sources said.
Last Updated: Monday, June 09, 2014, 15:38
The pre-paid users will get free incoming calls while roaming with a pack of Rs 45 with validity of one month and outgoing calls will be charged 40 paisa/min.
Last Updated: Monday, June 09, 2014, 15:20
Under One India, One Rate Plans, both post-paid and pre-paid GSM customers will have to pay only their home plan tariffs while on roaming.
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