rcom - Latest News on rcom | Read Breaking News on Zee News

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

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

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

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.

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

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.

Idea gains most from number portability; RCom biggest loser

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.

RCom receives Rs 650 cr from promoter group

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.

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

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.

US, European funds buy majority of RCom's over Rs 4,800 cr QIP

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.

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

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.

RCOM shares fall on share sale below market price

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.

RCom raises Rs 4,800 cr in the biggest fund-raising by a pvt co

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.

RCom launches roaming plan 'One India One Rate'

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.

RCOM launches free roaming offers with One India, One Rate Plans

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.