Telecom Ministry seeks legal opinion on CAG's observations

Last Updated: Sunday, May 17, 2015, 13:52

The Telecom Ministry has sought legal opinion on a CAG report that stated undue benefits were extended to companies including Reliance Jio, Bharti Airtel, RCom and Tata Teleservices on a number of issues.

CAG flags financial gap of Rs 31,000 cr in telecom sector

Last Updated: Friday, May 8, 2015, 22:46

Raising concerns over various policy issues in telecom sector, the CAG on Friday flagged financial gaps to the tune of over Rs 31,000 crore including towards non-imposition of fines and the undue gains to private operators including Reliance Jio, Airtel, RCOM and Tata Tele.

RCom mulls monetising tower and fiber assets this fiscal

Last Updated: Wednesday, May 6, 2015, 17:11

Debt-laden telecom major Reliance Communications is looking at monetising its tower and fiber assets this fiscal to reduce debt and has appointed investment bankers for the purpose.

RCom raises $300 mn in overseas debt at 6.5%

Last Updated: Monday, April 27, 2015, 22:02

Country's fourth largest telcom operator Reliance Communications (RCom) has mopped up USD 300 million from global investors by selling 5.5-year dollar debt at 6.5 percent.

GCX's CEO gets charge of RCOM's Enterprise

Last Updated: Monday, March 30, 2015, 20:42

Telecom operator Reliance Communications on Monday said Chairman and CEO of subsidiary GCX Bill Barney has been given the additional charge of its domestic enterprise business.

Now capable of providing 4G pan-India: RCom

Last Updated: Friday, March 27, 2015, 10:47

Telecom operator Reliance Communications (RCom) on Friday said it has gained capability to provide 4G services across the country on the back of spectrum won by it in the recently concluded spectrum auction.

RCom Q3 Net up 86% at Rs 201 crore

Last Updated: Friday, February 13, 2015, 22:42

The company had posted a net profit of Rs 108 crore in the same quarter a year ago.

RCom, Avaya ink Rs 500 cr customer care ops upgrade deal

Last Updated: Thursday, February 5, 2015, 19:03

Though the companies declined to disclose the exact deal size, the transaction is believed to be in the range of Rs 450-500 crore, according to sources.

RCom gets Rs 650 cr from TIFPL; promoter group firm ups stake

Last Updated: Tuesday, January 20, 2015, 15:35

Reliance Communications on Tuesday said its group entity Telecom Infrastructure Finance Pvt Ltd has paid it Rs 650 crore, increasing promoters' holding to 59.7 per cent in the company.

Promoters pledge Rs 3,700-cr worth shares in 3 Reliance firms

Last Updated: Wednesday, December 24, 2014, 23:44

Promoter entities of three companies of Anil Ambani-led Reliance Group -- RCOM, R-Infra and R-Power -- have pledged shares that are worth about Rs 3,700 crore at the current market value.

Reliance Comm signs seven year managed services deal with Ericsson

Last Updated: Friday, December 5, 2014, 19:40

This is the first pan-Indian managed services deal for Ericsson, the statement said.

Vodafone not to bid for spectrum in 7 circles, RCom in 8 areas

Last Updated: Tuesday, January 28, 2014, 01:47

"Vodafone's required documents were not found for seven service areas in B and C category. Hence, the company will not be able to bid for airwaves in these areas," the source said.