Reliance Communications

AGR Hearing Updates: Jio, Airtel say govt didn’t demand additional dues; SC wants recovery of bankrupt co dues

SC AGR Hearing HIGHLIGHTS: The Supreme Court in the fifth straight session today continued hearing on non-payment of adjusted gross revenue (AGR) dues by telcos under insolvency.

AGR Hearing Updates: SC says AGR dues will be wiped out in IBC deals; nobody can use spectrum unless dues paid

SC AGR Hearing HIGHLIGHTS: The Supreme Court continued hearing the case on adjusted gross revenue (AGR) dues of telecom companies and past dues of insolvent firms for the fourth straight day.

SC AGR Hearing Updates: Should R-Jio pay RCom’s pending dues? How will govt get money from insolvent telcos?

SC AGR hearing HIGHLIGHTS: The Supreme Court continues hearing on spectrum sharing case today, while telecom companies such as Bharti Airtel, Vodafone Idea and Tata Teleservices await a verdict on staggered payments of AGR

RCom के एसेट्स के लिए 25,000 करोड़ की बोलियां मिलीं; Jio, UV एसेट रहीं टॉप बिडर

रिलायंस जियो ने आरकॉम की अनुषंगी कंपनी के मोबाइल टावर एवं फाइबर परिसंपत्तियों के लिए

Jio, UVARC emerge top bidders for RCom assets

Reliance Communications deal with Aircel likely by June

Post the two transactions, RCom's gross debt burden of Rs 42,651 crore, should be meaningfully lighter; currently, RCom's debt to ebitda is 5.8 while that of Bharti Airtel is 2.8 times and for Idea Cellular, 3.1 times

Debt reduction delay straining Reliance Com’s credit profile: Moody’s

Delay in deleveraging plans specially mobile tower sale to reduce debt is keeping financial and credit profile of Reliance Communications strained...

Anil Ambani, Petro Poroshenko, Reliance Defence News

Reliance Communications surges over 7% after FII buys around 1% stake

Reliance Communications shares rallied as much as 7.24 per cent intraday on the National Stock Exchange on Wednesday after the foreign institutional investors (FII) bought nearly 1 per cent stake in Anil Ambani Group telecom

BSE Sensex, NSE Nifty

Reliance Communications looks to cut debt by 75 per cent with Aircel, tower deal

Telecom operator Reliance Communications today said it expects to cut down its debt by 75 per cent through merger of MTS, Aircel and sales of mobile towers.

Anil Ambani, Petro Poroshenko, Reliance Defence News

Reliance Communications shares plunge 4% as Q4 net profit dips 22%

Reliance Communications shares slid nearly 4 per cent on Tuesday after the company reported a 22.37 per cent fall in the consolidated net profit at Rs 177 crore for quarter ended March 31, 2016 on account of rise in expenses.

Stocks in focus today

Reliance Communications net profit dips 22% to Rs 177 cr

Reliance Communications (Rcom) today reported a 22.36 per cent drop in consolidated net profit to Rs 177 crore for the quarter ended March 31 on account of rise in expenses.

reliance communication

Spectrum cost very high in India, says Sistema

In process to merge with bigger rival Reliance Communications, Russian giant Sistema's Indian telecom arm SSTL today said cost of spectrum is "very high" in India and it is too tough for it to keep investing here.

Reliance Comm extends merger talks with Aircel by 30 days

Anil Ambani-owned Reliance Communications on Saturday said it has extended, by another 30 days, the exclusivity period to continue...

Reliance Com, Aircel merger talks extended again by 30 days

Reliance Communications (RCom) today said the company and Aircel has decided to extend by 30 days the discussion period for the possible merger of the two telecom operators.

Idea Cellular, Bharti Airtel, Reliance Comm shares recover after SC order on call drop

Telecom stocks such Idea Cellular, Bharti Airtel and Reliance Communications pared their initial losses after the Supreme Court quashed a TRAI order on compensating consumers for call drop.

telecom stocks bharti airtel idea cellular rcom

Reliance Jio Infocomm to launch commercial ops soon; 500,000 users ‘onboarded’, reaction encouraging, says RIL

Reliance Jio Infocomm will launch commercial operations in coming months as its test programme has established smooth operations of all aspects of the network, company's parent Reliance Industries (RIL) said today.

Reliance Jio

RCom to upgrade all CDMA customers to 4G network from May

Anil Ambani-led RCom is believed to be leveraging spectrum sharing pact it had signed with his elder brother Mukesh Ambani-led Reliance Jio Infocomm for 4G services. The company will deploy its own 4G network and pre-dominant

rcom sistema merger

Moody’s lowers rating of Anil Ambani’s RCom, here’s why it did it

Moody's Investors Service has changed the outlook of Reliance Communications (RCom) to negative from stable as there are persistent delays in the company's sale of non-core assets.

Reliance Defence, Anil Ambani

Reliance Com gets CCI go-ahead to acquire Sistema’s MTS

Reliance Communications (RCom) today said fair trade regulator CCI has given nod to its deal to acquire Russian conglomerate Sistema's Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL) that operates under the MTS bra

rcom sistema merger

Reliance Com ups annual investment to Rs 4,000 crore stops 2G in 5 areas

Telecom operator Reliance Communications has enhanced its annual investment to Rs 4,000 crore with focus on 3G services while it ended 2G service in five circles including Bihar, West Bengal and Assam.

reliance industries shares

Reliance Communication pays Rs 5,383.84 crore as spectrum liberalisation fee to DoT

Reliance Communications today said it has paid Rs 5,383.84 crore as spectrum liberalisation fee to DoT for radiowaves in the 800/850 MHz band held by it in 16 telecom circles.

Reliance telecoms unit to raise $2.2 billion via rights issue of shares

Reliance Industries Ltd's telecommunications unit said its board had approved a plan to raise 150 billion rupees ($2.2 billion) via rights issue of shares to existing shareholders, ahead of an expected launch of its services

4G: Anil, Mukesh Ambani telecom firms in pact for spectrum trading, sharing

Mukesh Ambani-led Reliance Jio signed strategic partnership agreement with Anil's Reliance Communications to share spectrum for providing high-speed telecom services.

Mukesh Ambani

Underweight rating on Reliance Communications: Fighting hard for its relevance

Reliance Communication (RCom, UW) has announced several newsworthy corporate actions in the recent past.

Reliance Communications, Reliance Jio Infocomm to sign spectrum sharing/trading deal next week

Reliance Communications (RCom) and Reliance Jio Infocomm (RJIL) are likely to sign spectrum trading and sharing agreements next week.

Reliance Communications share price, sensex
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