RComm targets Rs 400 cr revenue from cloud space in 2 years

Last Updated: Friday, January 23, 2015, 20:20

Reliance Communications (RCOM) is looking at generating a revenue of Rs 400 crore from cloud- based and related services in the next couple of years, a senior company executive said Friday.

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.

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.

Ericsson bags contract to manage RCom's pan-India network

Last Updated: Friday, December 5, 2014, 14:25

Swedish telecom gear maker Ericsson will manage the pan-India network of telecom operator Reliance Communications under a seven-year business agreement signed between the two companies.

Defence need for CDMA spectrum may leave 10 Mhz for auction

Last Updated: Monday, December 1, 2014, 21:29

CDMA spectrum to defence as desired by them can be allocated only in Jammu and Kashmir, Assam and North East telecom circles only, the source said.

Voda, Airtel fined most for tariff and MNP rules violations

Last Updated: Friday, November 28, 2014, 21:15

Other companies fined for this include Aircel (Rs 2.3 lakh), Reliance Communications (Rs 2 lakh) Airtel (Rs 50,000) Tikona (Rs 25,000), Loop Mobile (Rs 20,000) and D-Vois broadband (Rs 30,000).

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.

RCom pays foreign debt of Rs 3,100 on schedule

Last Updated: Friday, January 3, 2014, 15:32

Reliance Communications on Friday said it has fully repaid an overseas debt of Rs 3,100 crore on schedule.

'TRAI imposed Rs 50 lakh fine on nine telcos for poor service'

Last Updated: Tuesday, December 24, 2013, 23:27

Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.

RCom raises 3G internet rate by 26%, cuts benefits by about 60%

Last Updated: Tuesday, December 3, 2013, 18:22

Telecom operator Reliance Communications has increased 3G mobile internet rates by 26 percent and reduced benefit on internet packages by up to 60 percent.

DoT lauds RCom efforts on restoring networks in Odisha, AP

Last Updated: Sunday, November 17, 2013, 23:01

Last month, 'Phailin', a severe cyclonic storm, had struck the states of Odisha and Andhra Pradesh, bringing in its wake torrential rains and wind speeds of over 200 kmph.

RCom shares end over 3% up post earnings

Last Updated: Wednesday, November 13, 2013, 22:01

Trimming some of its early gains, shares of Reliance Communications Wednesday settled over 3 percent higher in a weak broader market after reporting a more than six-fold jump in net profit for the quarter ended September 30.