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Articles tagged with: Reliance Communications
Reliance Communications Quarterly Profit Halved
India's Reliance Communications (Rcom) has reported a more than halving in its fiscal second quarter profits to Rs. 740 crore ($154 million), compared to Rs 1,531 crore a year ago. The company said the drop was largely due to the costs of deploying its GSM network along with stronger competition in the market. more
India's Reliance Seeks $1 Billion from Tower Sale
India's Reliance Communications has outlined plans for a US$1 billion floatation of its tower operating division, Reliance Infratel within the next few months. The company will be offering ten percent of its equity to investors, giving the whole unit a valuation of around US$10 billion. more
Related Tags: reliance-infratel, India
Kodiak Networks Wins Conference Call Service Contract from India's RCom
India's Reliance Communications has announced plans to launch a mobile conference service. The company has teamed up with push-to-talk vendor, Kodiak Networks, and will roll-out the mobile conferencing service on a nationwide basis across both its CDMA and GSM networks. more
Related Tags: rcom, kodiak-networks, kodiak, India
Reliance Inks Indian Network Sharing Deal with Etisalat
India's Reliance Communications has agreed to a passive infrastructure sharing deal with greenfield operator, Etisalat DB. Under the terms of the agreements, Etisalat and its local subsidiary would outsource their telecom infrastructure requirements for the 15 telecom circles, encompassing end-to-end tower and transmission infrastructure to Reliance Infratel and Reliance Communications, respectively. more
Related Tags: rcom, etisalat, etisalat-db, swan-telecom, passive-infrastructure, infrastructure-sharing, reliance-infratel, India
Court to Hear Radio Spectrum Complaint Against Reliance Communications
India's Supreme Court has admitted appeals by the Indian GSM networks trade body, COAI and state owned operator, BSNL challenging the telecom tribunal ruling that permitted Reliance Communications to offer both GSM and CDMA services over the same telecoms license. more
Related Tags: coai, rcom, bsnl, India
India Passes 100 Million CDMA Subscriber Landmark
The CDMA Development Group (CDG) says that there are now over 100 million CDMA subscribers in India, making it the world’s second-largest CDMA market. Reliance Communications and Tata Teleservices are placed among the top five CDMA operators globally, ranking second and fourth, respectively. more
Related Tags: cdma-development-group, tata-teleservices, cdma2000, cdg, usb-modems, wireless-broadband, telecom-regulatory-authority-of-india, laptop, India
RCom Asked to Clarify Kashmir Network Launch Details
India's Department of Telecom (DoT) has questioned Reliance Communications (RCom) as to why the network has launched a GSM network in Jammu and Kashmir without clearance from the security services. The DoT has instructed the company to demonstrate that its network can be monitored by the security services. more
Related Tags: department-of-telecom, kashmir, rcom, reliance, bsnl, gsm, security, jammu, India
India's Reliance Seeks 100 Million Subscribers by Year-End
India's Reliance Communications has set itself a target of breaking the 100 million subscriber mark before the end of this year - requiring an additional 25 million new customers to sign up to its network. The firm reported a surge in subscriptions following the launch of its GSM network, which overlays its existing CDMA service. more
Related Tags: rcom, telenor, docomo, mts, cdma, tim, reliance, gsm, India
Reliance Communications Debt Ratings Affirmed at LAAA
Indian debt ratings agency, ICRA has assigned a long-term rating of LAAA each to the Rs. 30 billion Non-Convertible Debenture (NCD) Programme and the Rs. 100 billion proposed Long-Term Fund-Based Facilities of Reliance Communications (RCOM). Further, ICRA has reaffirmed the LAAA rating assigned earlier to the Rs. 201.56 billion Long-Term Fund Based/Non-Fund Based Limits of RCOM. more
Related Tags: itu, rcom, cdma, reliance, gsm, icra, debt-ratings, passive-infrastructure, reliance-infratel, presence, India
RCom adds a record 5 million New subscribers in January 2009
India's Reliance Communications, a dual CDMA and GSM operator, says that it signed up a record 5 million new wireless subscribers on its network during January 2009. The entry of Reliance Mobile in the GSM segment has once again led to a significant expansion of the market, with the company seeing a significant 285% rise in new subscriber additions, within the first month of its nationwide GSM rollout. more
Related Tags: itu, cdma, personal, reliance, gsm, villages, India