Ratings agencies assign stable outlook on RCom's $300 mn debt

Last Updated: Wednesday, May 6, 2015, 22:00

Ratings agencies Moody's and Fitch have assigned stable outlook on USD 300 million debt facility of telecom firm Reliance Communications.

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.

Reliance Communications says looking to monetise tower assets

Last Updated: Wednesday, May 6, 2015, 15:01

The country`s number four telecom operator, which had a net debt burden of close to $6 billion at the end of 2014, has been looking to divest assets to reduce debt levels and focus on its core business.

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.

Spectrum auction: Govt receives all upfront amount of Rs 28,872 cr

Last Updated: Thursday, April 9, 2015, 18:48

Telecom companies have paid the entire upfront money of about Rs 28,872 crore to the government for the airwaves they acquired during the last month's auction.

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.

Want to free Internet? Do philanthropy: Sunil Mittal to Mark Zuckerberg

Last Updated: Sunday, March 8, 2015, 12:18

Taking on social networking giant Facebook's ambitious 'free internet' plans, telecom major Bharti Airtel chief Sunil Mittal has said the companies should do 'philanthropy' if they stop charging for mobile internet.

Lodha Group relaunches $350-mn overseas bond sale plan

Last Updated: Friday, March 6, 2015, 12:46

Premium realty developer Lodha Group has relaunched its USD 350-million five-year dollar denominated international bond issue, which was called off early December following tepid investor response.

Facebook launches free mobile Internet service in India

Last Updated: Tuesday, February 10, 2015, 23:30

Facebook has tied up with Reliance Communications to provide basic internet services on mobile phones for free, making India the first country in Asia to get Facebook`s Internet.org service.

Facebook rings Reliance Communications for free data access

Last Updated: Tuesday, February 10, 2015, 13:55

Reliance Communications, a part of the Anil Ambani-led group, Tuesday said it has been roped in by Facebook to offer free access to data and web sites to customers through the social networking site`s global digital inclusion initiative, Internet.org.

GSM players add 41.5 lakh rural subscribers in December: COAI

Last Updated: Tuesday, January 27, 2015, 18:37

GSM mobile operators added 41.5 lakh net subscribers in rural areas last month, taking the overall base to 31.97 crore, industry body COAI said Tuesday.