Reliance Communicaiton

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  RCom Moves Tribunal To Withdraw Ericsson Appeal

  The NCLAT has asked Swedish telecom equipment maker to file its reply regarding the matter by February 8 and has scheduled a hearing for February 12, the company said.

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  Tribunal Exempts RCom From One-Time Spectrum Charge

  TDSAT also directed the Department of Telecommunications to return a Rs 2,000 crore bank guarantee made by the debt-laden company.

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  Anil Ambani's RCom Goes For Insolvency Proceedings To Repay Debt

  RCom, controlled by businessman Anil Ambani, owed banks $7 billion as of March 2017 when it last made public its debt level, and more to vendors.

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  Reliance Communications Says 'Fully Committed' To Settle Dues With Ericsson

  The plan to sell the assets had followed a settlement with telecom gearmaker Ericsson for partial payment of dues owed by RCom to the Swedish company.

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  Telecom Department Asked To Release RCom's Rs 2,000 Crore Bank Guarantee

  The TDSAT order will reduce non-funded exposure of banks by Rs 2,000 crore and help in accelerating RCom's asset monetisation programme.

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  Reliance Communications gets bondholders nod for asset sale

  Holders of the company's $300 million bonds have approved the sale of assets to Jio.

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  Mukesh Ambani And Jio's Effect On Younger Brother Anil

  Buyouts, mergers and quick exits - as India's richest man shakes up the country's ultra-competitive mobile market, telecommunications companies are scrambling to either consolidate or cut their losses and run.

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  Fitch Downgrades Reliance Communication's Credit Rating To 'B+'

  Fitch said that RCom could raise further capital to pay down holding company debt through the sale of its pay-TV business, dilution of some of its stake in GCX and selling surplus real estate.

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  RCom Plans to Raise Annual Capex To Rs 4,000 Crore

  Telecom operator Reliance Communications has enhanced its annual investment to Rs 4,000 crore with focus on 3G services, while it ended 2G service in five circles including Bihar, West Bengal and Assam.

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  RCom Tower Sale Deal With Tillman Global Extended by 15 Days

  The mobile tower sale deal of Reliance Communications with private equity firm Tillman Global Holdings LLC and TPG Asia, which was to close by January 15, has been extended till month end.

• Reliance Communications Arm to Invest $45 Million in APAC Subsea Cable System

  The new ICX cable infrastructure is part of the company's strategy to provide a direct subsea route to bridge the gap in the emerging markets corridor, especially delivering a direct Mumbai-Singapore route to bypass the current outage-prone terrestrial routes between Mumbai and Chennai.

• Deutsche cuts Reliance Communications to 'sell' from 'hold'

  Deutsche said investors should not factor in upsides in those two plans, noting "there are significant hurdles to realisation of value."

• Anil Ambani's Reliance, China's Wanda to form JV

  Billionaire Anil Ambani's Reliance Group said on Thursday it signed an accord with China's Dalian Wanda Group to set up a joint venture to work in areas including development of real estate and multiplex business.

• All About Ads: Advertising the Indian Grand Prix

  In this episode of All About Ads, we look at why there were complaints against the latest ads by Tata Motors and Reliance Communications. Also, we discuss about the marketing strategy opted by sponsors of the Indian Grand Prix and what more could have been done to attract maximum attention. Here is the full transcript of the show.

• Telecom cos gross Q2 revenue up by 19% at Rs 49,942 cr

  The gross revenue of telecom operators increased by 19.21 per cent year-on-year at Rs 49,942.25 crore for the second quarter