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 | 17 days 4 hours 36 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 | 37 days 15 hours 23 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.
Tata Teleservices Maharashtra sees strong GSM ARPU
Total Telecom Magazine (U.K.) | 2 days 1 hour 21 minutes ago
Operator sees per-second billing boost its rate per minute.
Maxis IPO to Fund India Telecom Expansion
Wall Street Journal, The | 2 days 13 hours 7 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 | 2 days 4 hours 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.
Reliance Communications Q2 net profit halves
Total Telecom Magazine (U.K.) | 18 days 23 hours 18 minutes ago
Indian operator hit by growing competition in mobile space.
Reliance Communications: In Full Compliance With All Regulatory Rules
Wall Street Journal, The | 39 days 3 hours 18 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.
OCTOBER 13, 2009, 1:50 A.M. ET Reliance Communications: In Full Compliance With All Regulatory Rules
Barron's (subscription required) | 39 days 4 hours 13 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.
BSNL chairman sees flat fiscal year revenue growth
Total Telecom Magazine (U.K.) | 9 days 23 hours 16 minutes ago
India's state-run telco hit by price wars as competition heats up.
Vodafone offers per-second billing in Delhi, nearby areas
Total Telecom Magazine (U.K.) | 17 days 11 minutes ago
Indian operator launches per-second prepaid plan.
Revenue share licence fee model questioned
Financial Express (India), The | 39 days 13 hours 5 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.
Asian Stocks Fall on Stimulus Concerns, UBS Loss; Sino Land, Suzlon Drop
Bloomberg | 18 days 1 hour 25 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.
RComm inflated revenues: Govt auditor
Financial Express (India), The | 39 days 5 hours 20 minutes ago
Anil Ambani-led Reliance Communications Ltd (RComm), the countrys second-largest mobile operator, inflated its 2007-08 wireless revenues by Rs 2,915 crore to shareholders to hike its valuation, while simultaneously under-reporting the figures to telecom regulator Trai, a special audit commissioned by the department of telecom has found.
India accounts body seeks RCom audit details
Total Telecom Magazine (U.K.) | 37 days 1 hour 18 minutes ago
Operator rejects allegations it overstated revenue, underpaid licence fees.
RComm under-paid fees by hiding revenues, says report
Financial Express (India), The | 39 days 3 hours 7 minutes ago
Anil Ambani-led Reliance Communications Ltd (RComm), the countrys second-largest mobile operator, inflated its 2007-08 wireless revenues by Rs 2,915 crore to shareholders to hike its valuation, while simultaneously under-reporting the figures to telecom regulator Trai, a special audit commissioned by the department of telecom has found.
Sign up for USTelecom dailyLead
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 48 million customers, the company serves consumers and enterprises with a digital network supporting voice, data, 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 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 |