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


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


Rcom introduces ‘DoubleScoop’ Plans for new prepaid users offers full talktime and Free Data

Reliance Communications, today announced the launch of attractive propositions for its existing and new pre-paid customers, in line with its continued strategy to offer best value to its customers during the upcoming festive season. Existing RCOM customers in Delhi & NCR can recharge with the ‘NonStop Plan’ and enjoy 1,000 local & STD minutes, along with unlimited calls to any Reliance number anywhere in India. Customer can dial USSD *129#… Read More


RCom CEO Vinod Sawhny quits, William Barney and Gurdeep Singh to function as co-CEOs

Reliance Communications’ (RCom) Chief Executive Officer Vinod Sawhny has stepped down from the post, citing personal reasons. The development comes at a time when RCom is working towards acquiring Sistema Shyam Teleservices and merging wireless operations with Aircel. The company informed stock exchanges on Saturday that William (Bill) Barney and Gurdeep Singh will now function as acting co-chief executives of the company with immediate effect. “The Company has accepted request of… Read More


Rcom launches Non Stop plan for unlimited voice calling in Andhra Pradesh circle for Rs.153

Reliance communications the 4th largest operator by subscriber base is gearing up for the tariff war which has been set in motion by the launch of operations by Jio. The free voice for life offering of Jio in all its bundled plans has had serious implications on all existing mobile operators who have been forced to cut tariffs to remain relevant in the market. Following Jio’s free voice announcement we… Read More


Anil Ambani addresses AGM 2016 highlights virtual merger between Rcom and Jio

Anil Ambani the CEO of Reliance communications today addressed the Annual general meeting for the shareholders of the company in Mumbai. The event started off with Gurdip Singh highlighting the shift in consumption trends of the mobile user today who spends 90 mins a day on apps as opposed to 10 mins on a voice call, indicating that data is the current growth driver for this decade like voice was… Read More


Rcom launches location tracking service ‘Spottr’ for its subscribers Pan India

To help its customers locate and connect with friends, family or a group of people, Reliance Communications has now launched a location tracking service called ‘Spottr’. It uses cell tower tracking feature to track people’s location. With this new tracking facility, Reliance Mobile users can easily track the location of friends and family, even if they aren’t connected to internet. But, the service is only available for Rcom subscribers as… Read More


Rcom-Aircel merger and its impact on the Indian telecom sector- Analysis

After several attempts to merge wireless operations, Aircel and RCom finally led the consolidation in telecom space to create a Rs 65,000 crore telecom behemoth, no doubt fierce competition because of Jio’s entry was a key factor in uniting these two companies. Though, RCom already sealed another deal with pure play CDMA operator MTS which is yet to receive regulatory approvals is the another part of the biggest consolidation. As,… Read More


Rcom lost around 5 Million subscribers during network 4G upgrade since April: Sources

Anil Ambani led Reliance Communications which recently forcefully migrated its CDMA customers to 4G network and then shut down their CDMA network to use the spectrum for 4G services, has suffered an overall fall in subscriber base of around 5 million customers during the 4G upgrade since April this year till present date (including both CDMA and GSM). Our sources who are working with the Reliance ADAG firm shared with… Read More


RCom won’t cut data tariffs, says plans to acquire customers with quality service

Reliance Communications, the Anil Ambani-led telecom operator, will not cut data tariffs in India to get more subscribers on its network, and it said that it will stay focused on delivering quality, which will help it acquire customers from incumbent telcos. Gurdeep Singh, chief executive officer, consumer business, Reliance Communications said that the company doesn’t have any intention of dropping data prices. “We will stay focused on delivering quality. We… Read More


Reliance’s “Call drop se chhutkara” offer allows Delhi-NCR prepaid customers to make 300 minutes app-to-app calls using 850MHz band at Re 1

Anil Ambani-led Reliance Communications has launched “Call drop se chhutkara” offer for Delhi-NCR, a solution it claims to be ‘freedom from call drops’. The offer will provide the users in Delhi 300 minutes app-to-app data calls using its 850 MHz band at an introductory pricing of Re. 1 for 30 days. Also, the users will get 7MB data per day that can be used for browsing or data calling. The… Read More


RCom set to ink VoLTE deal in coming days: Report

Anil Ambani-led Reliance Communications, which recently switched to 4G LTE technology for providing high speed mobile internet services, is reportedly planning to offer voice calling over LTE (VoLTE) by the end of the year. The telco, according to an Economic Times report, is holding talks with major network providers like Ericsson, Nokia, Huawei and ZTE for the technology, and is likely to finalise a player within a fortnight. RCom has already… Read More


Rcom now ready to upgrade GSM 2G/3G subscribers to 4G platform ?

Reliance communications the 4th largest operator by subscriber base which recently migrated its entire Pan India CDMA user base to 4G now seems to be in the mod of opening the upgrade route for its much larger GSM 2G/3G user base. The operator has sent out invitation messages via SMS which read to the same effect to its subscribers in Punjab circle and may soon do the same for other… Read More

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