Reliance

October 30th, 2017 8:44 PM 29 COMMENTS

RCom Launches Comprehensive Debt Resolution Plan, Comes Up With New B2B Strategy

Anil Ambani-led Reliance Communications (RCom) on Monday has come up with a comprehensive debt resolution plan to its domestic and foreign Lenders. Under the plan, the telco said that it would pay off up to Rs. 17,000 crore of its debt, out of the proceeds of monetization of Spectrum, Towers and Fiber and MCN (Media Convergence Nodes) assets. RCom will pay additional Rs. 10,000 Crore of its debt, out of... Read More

October 28th, 2017 6:01 PM 112 COMMENTS

Here’s Why RCom’s 4G-Led Wireless Strategy May Not Succeed

Reliance Communications' new 4G-led wireless strategy may not bring results for the struggling telecom operator as a majority of its customers are on the 2G network, and are still using feature phones. These customers have very low monthly spending and little willingness to invest in a 4G-ready smartphone, according to a report by Goldman Sachs, which also said that RCom had average revenue per user (ARPU) of Rs. 58 per... Read More

October 25th, 2017 8:35 PM 49 COMMENTS

RCom Optimising Infrastructure, Human Resources, Says Taking 4G-Led Strategy to Revive Wireless Biz: Report

Anil Ambani-led telecom operator, Reliance Communications on Wednesday said that it is taking a 4G-focused strategy to achieve profitable growth for its wireless business, even as it will optimising its 3G and 3G footprint in the country by November 30, 2017. In a statement to ET, RCom said that it will also optimise related infrastructure and human resources in the country. The ailing telecom operator is preparing to shut down... Read More

October 25th, 2017 1:31 PM 187 COMMENTS

RCom to Shut Down Wireless Business; Reportedly Informed Employees November 30 as Last Date of Employment

Anil Ambani-led Reliance Communications is preparing to shut down its wireless business in the next 30 days, following its failed attempt at merging operations with Aircel. The telecom operator has reportedly informed its employees that November 30 will be their last date of employment with the company. Gurdeep Singh, executive director of Reliance Telecom, has blamed Reliance Jio for bringing creative destruction through free voice and cheap data services. Notably,... Read More

October 24th, 2017 11:01 AM 18 COMMENTS

RCom and Sistema Shyam Teleservices Merger Gets a Nod from Department of Telecom (DoT)

The Department of Telecom (DoT) has now approved the merger of Sistema Shyam Teleservices with Reliance Communications (RCom). If this deal goes through all the regulatory approvals, then the total number of mobile operators in the country will be reduced to ten. "Reliance Communications Limited (RCOM) has received the Department of Telecommunication's (DoT) approval for the demerger of the wireless business of Sistema Shyam Teleservices Limited (SSTL) into RCom," said... Read More

October 12th, 2017 1:09 PM 36 COMMENTS

RCom Comes Up With a Rs. 349 Plan Providing 1GB Data Per Day and Unlimited* Voice Calls for 28 Days

Telecom operator, Reliance Communications (RCom) has come up with a new tariff plan with benefits in-line with incumbent telecom operators. The Anil Ambani-led company has unveiled a new Rs. 349 plan, which offers both data and voice calling benefits for 28 days. RCom is calling this plan as 'Freedom Pack,' with unlimited calling and 28GB data. However, the voice calls are not unlimited as RCom claims. RCom is limiting the... Read More

October 2nd, 2017 4:22 PM 2 COMMENTS

RCom Board Inducts Four Senior Executives as Directors After Announcing New Brand Strategy

Yesterday, Reliance Communications (RCom) announced the strategic transformation of the brand, and even applied announced the cancellation of Aircel merger. Today, the Board of Directors of Reliance Communications Limited (RCom) at its meeting held on October 2, 2017, in Mumbai, expanded its board by inducting its senior executives. Punit Garg, who is currently the president of Telecom Business has been elevated to the Board as Executive Director of the company.... Read More

October 1st, 2017 8:05 PM 101 COMMENTS

RCom Aiming to Adopt a 4G-Focused Mobile Strategy, Calls Off Merger With Aircel

Reliance Communications (RCom) led by Anil Ambani today revealed the company's future plans. The Board of Directors of Reliance Communications Limited (RCom) had a meeting in Mumbai earlier today and reviewed the ongoing strategic transformation programme and even considered alternate plans for debt reduction. Here are the announcements made by RCom today. Mobile Business The board of directors decided that RCom will evaluate an alternate plan for its mobile business,... Read More

September 23rd, 2017 1:43 PM 44 COMMENTS

RCom Comes Up With a New Plan Offering 1GB 4G Data and 1 Hour of Voice Calling for 2 Days at Rs. 33

Reliance Communications, the Anil Ambani-led company has announced an all-new Rs. 33 plan, under which the operator is providing both data and voice calling benefits for a limited time. RCom posted about this offer on all its social media platforms. The plan is available at Rs. 33 for some circles, and the price of this plan differs with a different circle. This plan offers 1GB of 3G/4G data along with... Read More

September 17th, 2017 9:27 AM 62 COMMENTS

Reliance Communications is Asking Its Users in Gujarat to Move from 2G to 4G

Struggling telecom operator Reliance Communications (RCom) urged its users in Gujarat to shift from 2G to 4G technology, as the company's 2G spectrum will expire later this month. RCom sent an SMS to all its subscribers using 2G services to immediately move to 4G, otherwise, they can't use the services anymore after this month. "We wish to inform that the company has initiated the migration of its customers in Gujarat... Read More

September 10th, 2017 10:47 AM 60 COMMENTS

RCom Announces a New Plan of Rs. 147 Offering 1GB of 3G Data Per Day for 28 Days

Reliance Communications (RCom) has been launching new tariff plans every other day to compete with the rival telecom operators, especially with Reliance Jio. And today, the company has announced yet another tariff plan of Rs. 147, which gives only data benefit for 28 days. The all-new Rs. 147 plan from RCom gives 1GB of 3G data per day for 28 days. And the best part is this plan is valid... Read More

September 4th, 2017 2:05 PM 28 COMMENTS

RCom Announces an All-New Onam Combo Plan of Rs. 101 Offering Both Voice and Data Benefits

Reliance Communications (RCom) has come up with a new plan of Rs. 101 on the occasion of Onam. This plan's name is 'Shagun offer,' under which the company is providing both voice and data benefits. This plan is valid for 28 days from the date of recharge. The Rs. 101 plan from RCom is valid for all the RCom prepaid subscribers. After recharging with this plan, a user will get... Read More

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