Press background on Reliance Communications Limited
Company profile
Reliance Communications Limited founded by the late Shri Dhirubhai H Ambani (1932-2002) is the flagship company of the Reliance Group. The Reliance Group currently has a net worth in excess of Rs. 91,500 crore (US$ 15.3 billion), cash flows of Rs. 10,200 crore (US$ 1.7 billion), net profit of Rs. 4,700 crore (US$ 0.8 billion).
Reliance Communications is India's foremost and truly integrated telecommunications service provider. The Company has a customer base of over 118 million including over 2.6 million individual overseas retail customers. Reliance Communications corporate clientele includes over 39,000 Indian and multinational corporations including small and medium enterprises and over 290 global, regional and domestic carriers.
First-ever initiative in India by a telco in the Social Media space
- RCOM empowers customers to opt for self-help & complete customization
- Users just Tweet to ‘@RelianceMobile’ to avail multiple services in real-time
- Recharge accounts, make payments, ... (more)
Oct 13, 2015 13:41 IST
Reliance Communications Limited
Reliance Communications, India’s fully-integrated telecommunications service provider, and Jasper, a global Internet of Things (IoT) platform leader, today announced a partnership to enable enterprises throughout India to launch, manage and monetize Next-Generation IoT businesses. Reliance is... (more)
Aug 27, 2015 15:05 IST
Reliance Communications Limited
- Simple and transparent UNLIMITED plans for Gujarat customers
- UNLIMITED voice & data for RCOM customers calling anywhere in India—including while roaming
- Unique UNLIMITED plans—with recharges only once in a month
R... (more)
Aug 10, 2015 14:22 IST
Reliance Communications Limited
Reliance Communications (RCOM) and its subsidiary, Global Cloud Xchange (GCX), today announced the appointment of Braham Singh as Senior Vice President, Global Product Management. Mr Singh will have overall responsibility for the global product portfolio across RCOM India Enterprise and GCX. In add... (more)
Jul 24, 2015 16:00 IST
Reliance Communications Limited
- Proposal Subject to Due Diligence, Definitive Documentation and Necessary Approvals
Reliance Communications (RCOM) and AFK Sistema have entered into exclusive discussions on a potential merger between the Indian telecom business of Sistema Shyam TeleServices Ltd. (SSTL) and... (more)
Jun 15, 2015 15:40 IST
Reliance Communications Limited
- Total Revenue At Rs. 5,703 Crore, Up 1% Y-O-Y
- EBITDA at Rs. 1,976 crore, up 6.7% Y-O-Y
- Pat at Rs. 228 976 crore, up 45.9% Y-O-Y
- Total data traffic at 87,211 million mb, up 73.6% Y-O-Y
- Highest data usage per subscriber in the industry at 893 MB, up 37.8% Y-O... (more)
May 29, 2015 17:55 IST
Reliance Communications Limited
-Customers will now pay only 45 paise per minute for incoming calls as default tariff
-With RCOM’s One India, One Rate Plan, customers can enjoy free incoming while roaming; outgoing at same rate on ‘Home and Roam’
Moody's Investors Service says that Reliance Communications Limited (RCOM)'s spectrum payments totaling around INR43bn are at the high end of our expectations but can be accommodated in its Ba3 corporate family rating with a stable outlook. RCOM has renewed spectrum in only two (Madhya Prad... (more)
Mar 27, 2015 15:39 IST
Reliance Communications Limited
