Reliance Communications Ltd.

News and overview for Reliance Communications Ltd.

Research and Markets: India Mobile Operator Forecast, 2009 - 2013: Wireless subscribers in India to reach 876.6 million in 2013 with Bharti Airtel's market share increasing to 27.4% [Press Release]
Business Wire | 21 days 4 hours 2 minutes ago
Research and Markets (http://www.researchandmarkets.com/research/1ddca7/3q09_india_mobile) has announced the addition of IE Market Research Corp.'s new report "3Q09 India Mobile Operator Forecast, 2009 - 2013" to their offering.


Propalms, Inc. Sells TSE to one of the Biggest Citrix Customers Worldwide [Press Release]
PRNewswire | 41 days 14 hours 49 minutes ago
NORTH YORKSHIRE, England, Oct. 14 /PRNewswire-FirstCall/ - Propalms, Inc (PRPM.PK) is pleased to announce that it has supplied Propalms TSE to Reliance ADA Group in India.


India Minister says no loss to govt on licence fees from telcos
Total Telecom Magazine (U.K.) | 2 days 53 minutes ago
Indian government hired special auditors earlier this year to look at Reliance's books.


Tata DoCoMo launches per-second billing on roaming calls
Total Telecom Magazine (U.K.) | 2 days 46 minutes ago
Indian operator makes latest move in country's intensifying mobile price war.


Cellphone Entertainment Takes Off in Rural India
Wall Street Journal, The | 2 days 4 hours 41 minutes ago
MUMBAI—In the furthest reaches of India's rural heartland, the cellphone is bringing something that television, radio and even newspapers couldn't deliver: instant access to music, information, entertainment, news and even worship.


Cellphone Entertainment Takes Off In Rural India
Wall Street Journal, The | 1 day 17 hours 29 minutes ago
MUMBAI—In the furthest reaches of India's rural heartland, the cellphone is bringing something that television, radio and even newspapers couldn't deliver: Instant access to music, information, entertainment, news and even worship.


Tata Teleservices Maharashtra sees strong GSM ARPU
Total Telecom Magazine (U.K.) | 6 days 47 minutes ago
Operator sees per-second billing boost its rate per minute.


Reliance Communications: In Full Compliance With All Regulatory Rules
Wall Street Journal, The | 43 days 2 hours 44 minutes ago
MUMBAI -- Reliance Communications Ltd., India's second-largest mobile phone operator by subscribers, said Monday it is in full compliance with all regulatory requirements in filing its financial statements.


Reliance Communications Q2 net profit halves
Total Telecom Magazine (U.K.) | 22 days 22 hours 44 minutes ago
Indian operator hit by growing competition in mobile space.


OCTOBER 13, 2009, 1:50 A.M. ET Reliance Communications: In Full Compliance With All Regulatory Rules
Barron's (subscription required) | 43 days 3 hours 39 minutes ago
MUMBAI -- Reliance Communications Ltd., India's second-largest mobile phone operator by subscribers, said Monday it is in full compliance with all regulatory requirements in filing its financial statements.


Maxis IPO to Fund India Telecom Expansion
Wall Street Journal, The | 6 days 12 hours 33 minutes ago
Southeast Asia’s largest-ever initial public offering—Malaysian mobile-phone operator Maxis Bhd.’s $3.32 billion listing on the Kuala Lumpur stock exchange, which begins trading Thursday—provides founding shareholder T. Ananda Krishnan with some fresh ammunition in his quest to crack India’s fast-growing wireless market.


Country s Mobile Market Is Vital to Pan-Asian Goal
Wall Street Journal, The | 6 days 3 hours 26 minutes ago
Southeast Asia’s largest-ever initial public offering—Malaysian mobile-phone operator Maxis Bhd.’s $3.32 billion listing on the Kuala Lumpur stock exchange, which begins trading Thursday—provides founding shareholder T. Ananda Krishnan with some fresh ammunition in his quest to crack India’s fast-growing wireless market.


Revenue share licence fee model questioned
Financial Express (India), The | 43 days 12 hours 30 minutes ago
The discrepancy observed in the special auditing of books of Reliance Communications Ltd (RComm) has raised the larger issue of the revenue share licence fee structure followed in the country's telecom sector, feel analysts.


Vodafone offers per-second billing in Delhi, nearby areas
Total Telecom Magazine (U.K.) | 20 days 23 hours 37 minutes ago
Indian operator launches per-second prepaid plan.


Asian Stocks Fall on Stimulus Concerns, UBS Loss; Sino Land, Suzlon Drop
Bloomberg | 22 days 51 minutes ago
National Australia Bank Ltd. sank 1.8 percent as the country's central bank raised interest rates for the second time in four weeks. Sino Land Co. dropped 4.4 percent in Hong Kong on concern the government will enact measures to curb property speculation. India's Suzlon Energy Ltd. and Reliance Communications Ltd. slumped more than 5 percent after their quarterly results missed analyst estimates.





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Company Overview


Company: Reliance Communications Ltd.
Industry: Wireless Network Operators
Website: http://www.reliancecommunications.co.in

Reliance Communications is one of India's largest providers of integrated communications services. With more than 90 million customers, the company serves consumers and enterprises with a digital network supporting data, voice, and video. Its fixed and wireless communications services include domestic and international voice, Internet access, messaging, and videoconferencing. It also provides wholesale capacity, infrastructure, and managed enterprise services through its Reliance Globalcom division. Reliance Communications gets more than three-quarters of its revenues from India. The company is part of the Reliance - Anil Dhirubhai Ambani Group.


Key Numbers

Sales in U.S. Dollars (mil.) 4,772.7 (2008)
One-year % Growth in Sales 18.9 (2008)
Net Income in U.S. Dollars (mil.) 1,351.9 (2008)
One-year % Growth in Net Income 66.3 (2008)
Number of Employees 36,650 (2008)
One-year % Growth in Number of Employees 0.0 (2008)
Fiscal Year-End March