Reliance

November 22nd, 2016 5:15 PM 4 COMMENTS

Supreme Court dismisses Rs. 4800 crores tax liability of Reliance Communications

According to a statement released by the Reliance Communications (RCom), the Honorable Supreme Court has dismissed the “Special Leave Petition” filed by the income tax department against the company on taxing of the proceeds of Foreign Currency Convertible Bonds (FCCBs). Justice Kurian Joseph and Justice Rohinton Fali Nariman were the Honorable judges in the panel which announced the decision. It was during the financial year 2006-2007, Reliance Communications issued FCCBs... Read More

November 21st, 2016 5:56 PM 56 COMMENTS

Reliance Jio SIM Home Delivery Finally Kicks Off with an Invite-based Pilot Programme

Taking up from the rumours that hinted about Jio's upcoming home delivery service, Reliance Jio has finally launched a pilot programme to deliver the Jio SIM cards at your doorstep. For now, the company is launching the service in the main cities of India to save the buyers from standing in long queues for getting the SIM card. Under the programme, select customers would be allowed to get the SIM... Read More

November 19th, 2016 9:52 AM 2 COMMENTS

Reliance Global Call launches ‘RGC India’ app for international calling, call rate as low as Rs.1.4 per minute

Anil Ambani-led Reliance Communications' international calling service Reliance Global Call has launched an ‘RGC India’ app for international calling. The app will allow international calling starting at Rs. 1.4 per minute. Commenting on the launch of the app, Mr. Gurdeep Singh, Co-CEO, Reliance Communications, and CEO of RCOM’s Consumer Business said, “This innovative new app has the potential to trigger a paradigm shift in international calling patterns. The service enables... Read More

November 17th, 2016 2:14 PM 20 COMMENTS

Reliance Jio tariff plans didn’t violate any rules by offering voice services free of charge: Telecom Minister Manoj Sinha

Reliance Jio Infocomm, the Mukesh Ambani-led telecom operator, has received a clean chit from the Indian government for its “controversial” tariff plans that offer free unlimited voice calling service, following a similar respite from the regulator, the Telecom Regulatory Authority of India (Trai). Trai had earlier opined that tariff plans filed by Jio cannot be considered as IUC non-complaint, predatory and discriminatory. According to ET, Telecom Minister Manoj Sinha in... Read More

November 16th, 2016 3:47 PM 4 COMMENTS

Reliance Group, Cisco Jasper establish “UNLIMIT” to provide IoT services to enterprise customers

Reliance Group and Cisco Jasper has collaborated to launch a new company UNLIMIT. UNLIMIT intends to provide internet-of-things (IoT) services to enterprise customers throughout India. The company will use various resources of Reliance Group including its mobile networks and utilizes the IoT connectivity management platform of Cisco Jasper. The duo has established UNLIMIT Control Center. With the launch of UNLIMIT, Reliance became the first telecommunications service provider in India to... Read More

November 16th, 2016 3:01 PM 33 COMMENTS

Rcom to start migration of MTS CDMA subscribers to own 4G network

Reliance communications the 4th largest operator by subscriber base which is in the process of merging wireless operations with MTS in an all stock deal will start migrating the CDMA subscribers of MTS to its own 4G network. The upgrade to 4G section on Rcom website has now started displaying the ability to enter an MTS number to register it for upgrade to Rcom 4G. The error message displayed in... Read More

November 16th, 2016 1:37 PM 19 COMMENTS

Exclusive: Rcom matches Jio’s Rs.149 unlimited calling voucher in Andhra Pradesh circle

Reliance communications has reportedly launched a new special tariff voucher for its 4G user base in Andhra Pradesh circle. This voucher is priced at Rs.149 with a 28 day validity and offers the same benefit of true unlimited calling to any local or STD mobile or landline number without any cap like Reliance Jio has announced. The pack also offers free incoming calls in national roaming and 300 MB 4G... Read More

November 12th, 2016 2:13 PM 17 COMMENTS

Rcom starts offering unlimited on-net and 1000 mins off-net calling for Rs.153

Following Bharti Airtel, Anil Ambani led Reliance Communications which is in the process to merge their wireless operations with Aircel and MTS has started offering unlimited voice calls on their network at a low rate of Rs 153. Though, they had offered unlimited calling benefits earlier, this time they are offering similar benefits at dirt cheap rate to lessen subscriber churn rate as majority of people are moving to Jio... Read More

November 11th, 2016 11:01 AM 37 COMMENTS

Reliance communications launches industry’s first 4G VoLTE enabled fixed wireless phone

Reliance communications recently migrated its CDMA subscribers to 4G platform, this included also subscribers who used CDMA based fixed wireless phones (FWP). At the time of upgrade, the company had offered its subscribers a GSM based FWP instrument, but now it has launched a futuristic 4G based VoLTE enabled FWP device, which is an industry first. The device looks like a regular landline telephone but instead of the traditional copper... Read More

November 10th, 2016 1:50 PM 5 COMMENTS

Reliance Communications launches dedicated digital store for games called “Games Arcade App”

As an opponent to the games section of Google Play Store, Reliance Communications has launched Games Arcade App, a digital store dedicated exclusively to Android games. The store is powered by Opera apps. From the store, Reliance customers can access premium and popular Android games at affordable rates of Rs. 10-15. The users can download the games unrestrictedly during the validity period without any limit to download. Commenting on the... Read More

October 14th, 2016 3:34 PM 20 COMMENTS

RCom inks deal with Brookfield to sell nationwide tower assets

Reliance Communications (RCOM) Friday inked a non-binding Term Sheet with Brookfield Infrastructure Group to sell its nationwide tower assets and related infrastructure. As per the agreement, the telco will receive an upfront cash payment of Rs 11,000 crore from the proposed transaction, involving 45,000 mobile towers. RCom said that it intends to utilize the proceeds of the proposed transaction solely to reduce its debt. RCom will also enjoy 49% future... Read More

October 8th, 2016 11:56 AM 25 COMMENTS

RCom gets another nod for MTS acquisition, may close deal in November

Reliance Communications (RCom) said that it has received a nod from the Bombay High Court for the acquisition of Russian conglomerate Sistema's Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL). Following this nod, RCom will now approach the telecom department for the final approval for the acquisition. Media reports said that the acquisition is expected to be closed by November 2016. “We wish to inform you that Hon’ble High Court... Read More

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