Reliance Communications

NCLT approves withdrawal of RCom, Aircel merger deal

The order also approved withdrawal of demerger of tower business of Reliance Infratel to Towercom Infrastructure, the filing said.

Oct 14, 2017, 19:51 PM IST
RCom scrapping merger plan with Aircel credit negative: Moody's

RCom scrapping merger plan with Aircel credit negative: Moody's

On Sunday, RCom announced that the agreement had lapsed owing to legal and regulatory uncertainties, objections by interested parties and delays in receiving relevant approvals.

Oct 05, 2017, 14:05 PM IST

No impact of Aircel merger cancellation on RCom's rating: Moody's

Moody's had downgraded the credit rating of RCom to 'Ca' from 'Caa1' in June 2017.

Oct 03, 2017, 23:58 PM IST
RCom reworking tower assets stake sale after wireless deal flop

RCom reworking tower assets stake sale after wireless deal flop

RCom, controlled by billionaire Anil Ambani, said on Sunday it is reassessing debt repayment options after calling off the merger deal citing regulatory delays and legal uncertainties.

Oct 03, 2017, 11:55 AM IST
RCom elevates top officials as board directors

RCom elevates top officials as board directors

Singh joined RCom from Aircel and has been with the firm for the past 6 years. Manikantan has been with the company for the last 22 years and has held several senior positions.

Oct 02, 2017, 16:13 PM IST
RCom calls off merger with Aircel due to 'regulatory' hurdles

RCom calls off merger with Aircel due to 'regulatory' hurdles

The board decided that RCom will evaluate an alternative plan for its mobile business, through optimisation of its spectrum portfolio and adoption of a 4G focused mobile strategy.

Oct 02, 2017, 11:25 AM IST
Anil Ambani says telecom sector in ICCU, warns of monopoly

Anil Ambani says telecom sector in ICCU, warns of monopoly

He also promised to get RCom out of its difficulties by March 2018, saying its lenders are supportive of all its actions.

Sep 26, 2017, 20:21 PM IST

Telecom sector under stress, banks not lending: Anil Ambani

He said the telecom sector needed a minimum of Rs 100,000 crore a year to expand and maintain quality of service.

Sep 26, 2017, 18:43 PM IST

Reliance Communications welcomes TRAI decision to slash IUC

Trai also plans to phase out IUC by January 1, 2020.

Sep 20, 2017, 14:30 PM IST
NCLT approves RCOM-Aircel merger, Brookfield deal

NCLT approves RCOM-Aircel merger, Brookfield deal

The National Company Law Tribunal (NCLT) on Monday passed an order allowing the Aircel-Reliance Communications merger and also the Brookfield Towers sale to proceed.

Aug 14, 2017, 15:48 PM IST
Reliance Communications posts Rs 1,210-crore loss in June quarter

Reliance Communications posts Rs 1,210-crore loss in June quarter

This is the third straight quarter loss for the debt- ladden firm, besides, it has not been able to recover from the pressure of aggressive tariff war triggered after the entry of the Mukesh Ambani-led Reliance Jio Infocomm.

Aug 12, 2017, 20:03 PM IST
Reliance Jio effect: RCom offers unlimited data, calls and texts at just Rs 299

Reliance Jio effect: RCom offers unlimited data, calls and texts at just Rs 299

RCom has announced its all-new Rs 299 rental plan offering unlimited calls, texts, and data to its subscribers.

Aug 10, 2017, 11:06 AM IST

RCom plans to issue shares to lenders in lieu of debt

Telecom operator Reliance Communications, which is reeling under debt of about Rs 45,000 crore, plans to issue shares to lenders for the debt that it has raised from them, as per a regulatory filing of the company.

Aug 09, 2017, 23:27 PM IST
Bharti, Vodafone top in list of towers exceeding radiation limit

Bharti, Vodafone top in list of towers exceeding radiation limit

"During the audit carried out by TERM Cells, total 284 numbers of BTSs installed on various mobile towers by various TSPs have been found exceeding the prescribed EMF radiation limits as on June 30, 2017," telecom minister Manoj Sinha said in a written reply to the Lok Sabha.

Aug 09, 2017, 18:27 PM IST
Reliance Jio Impact: RCom offers 1GB 4G data/day for a year at Rs 500 per month

Reliance Jio Impact: RCom offers 1GB 4G data/day for a year at Rs 500 per month

Know the details of the RCom offer.

Aug 02, 2017, 13:23 PM IST
Telecom M&As mean better spectrum utilisation, services: Government

Telecom M&As mean better spectrum utilisation, services: Government

On the planned merger of Vodafone India and Idea Cellular, the minister said that the scheme of merger and approval by NCLT has not yet been submitted.

Jul 26, 2017, 17:17 PM IST
 Telecom stocks fall up to 3% after introduction of Jio phone

Telecom stocks fall up to 3% after introduction of Jio phone

Ambani on Friday announced the launch of a 4G-enabled feature phone priced at "effective" zero that bundles life-long free voice calls with dirt cheap data in a bid to woo 50 crore low-income users to his 10-month old Jio.

Jul 21, 2017, 18:15 PM IST

RCom's Unlimit, China's Fibocom tie-up to develop IoT solution

Reliance Communications' Unlimit on Wednesday announced a strategic alliance with Chinese telecom gear maker Fibocom to design and manufacture modules for wireless communications and develop internet of things (IoT) solutions.

Jul 19, 2017, 14:36 PM IST

RCom offers 4G VPN solution for businesses

Launched by RCom`s India enterprise business services unit `Branch Connect` offers secure high-performance wireless connectivity to connect branch offices, warehouses or partner offices to the corporate private network.

Jul 04, 2017, 15:57 PM IST

Sebi plans to review norms for credit rating agencies

Regulator Sebi is looking to review the framework for credit rating agencies as it seeks to check the menace of 'rating shopping' and pick-and-choose approach in their actions.

Jun 22, 2017, 17:49 PM IST