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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

Mobile service charges likely to go up soon: RCom

Last Updated: Thursday, August 14, 2014, 22:40

Gaining confidence from TRAI Chairman's remark that mobile tariff may rise, telecom operator Reliance Communications Thursday said it is looking at reducing discounts on mobile services from about 25 percent at present to 15 percent soon.

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.

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.

Telecom stocks gain up to 5% on TRAI move

Last Updated: Tuesday, July 22, 2014, 17:23

Telecom stocks on Tuesday rose by as much as 5 percent after regulator TRAI recommended allowing sharing of all categories of airwaves held by operators.

Govt lost Rs 4,187 cr by not auctioning EVDO spectrum: CAG

Last Updated: Thursday, July 17, 2014, 18:03

Telecom operators Sistema Shyam (MTS), Reliance Communications and Tata Teleservices provide EVDO service.

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.

QIP issuance rises 10-times to Rs 12,151 cr in Apr-Jun qtr

Last Updated: Tuesday, July 01, 2014, 15:19

Indian companies mopped-up a staggering Rs 12,151 crore through issue of shares to institutional investors in April-June period of 2014.

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.

Reliance Comm raises Rs 48 billion via share sale: Sources

Last Updated: Wednesday, June 25, 2014, 10:49

People familiar with the matter said the company received total bids of about Rs 120 billion.

Reliance Comm falls after launching share sale

Last Updated: Wednesday, June 25, 2014, 09:45

Shares of Reliance Communications Ltd fell 2.2 percent after the company said on Tuesday it is launching a share sale to institutional investors as it looks to reduce debt.