Reliance Communications (RCom) said that its strategic company transformation has now entered final stages of the competition with proposed acquisition of Sistema Shyam TeleServices wireless. The proposed purchase of SSTL’s wireless operations has received all approvals and is expected to be completed in June 2017. RCom said that the SSTL … Read More
Reliance Communications’ net loss widened in the fourth quarter at Rs 966 crore from Rs 531 crore net loss in the previous quarter, due to free offers, disruptive pricing and hyper competition in the market, the company said in a statement on Saturday. The Anil Ambani-led telecom service provider stated … Read More
Anil Ambani-led Reliance Communications has rolled out a new tariff plan on the occasion of festival Ramadan. The firm has come up with an insane plan of Rs. 786 which provides both voice calling and mobile data benefits. A retailer has shared the plan launch info with us. The company … Read More
In what comes as a relief for Sistema Shyam Teleservices (MTS), the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has reportedly ruled out the telecom department’s demand for bank guarantees worth Rs 236 crore from the CDMA telco for spectrum in the 800 MHz band that had been transferred to … Read More
Reliance Infratel Limited (RITL), a subsidiary of Reliance Limited Communications (RCom) has received approval from its shareholders at a meeting held on April 29, 2017, for demerger of the Tower division of the RITL into Towercom Infrastructure Private Limited (TIPL), a subsidiary of Brookfield Infrastructure Group. Under the order of … Read More
Anil Ambani-led Reliance Communications (RCom) will be revamping its monthly tariff plans for May and has already sent out the details of the new offers to all the retailers across the country. According to a retailer from Andhra Pradesh circle, RCom will be launching new first recharge tariff plan of … Read More
Reliance Entertainment, the Anil Ambani-led venture today announced the launch of completely revamped movie platform BIGFLIX, which now has content in nine regional languages for India and global markets. Back then, BIGFLIX was the country’s first video-on-demand brand, which is now looking to dominate the global market. The all new … Read More
Reliance Communications (RCom) has received a nod from its shareholders for a merger with Aircel. At their meeting convened under the order of National Company Law Tribunal (NCLT), shareholders today approved with 99.99 percent majority for the Scheme of Arrangement for demerger of the wireless division of the company and … Read More
Anil Ambani-led telco, Reliance Communications has reportedly terminated the services of around 600 employees as it streamlines its operations following the ongoing merger with Sistema Shyam Teleservices (MTS India), which is expected to conclude soon. The move to sack employees will result in a leaner organization, according to media reports. … Read More
RCom, the pioneer in the wireless home phones, has introduced two new Wireless Home Phones with support for 3G and 4G VoLTE. The Anil Ambani-led company has added a new 3G Home Phone that comes with the assistance of Wi-Fi, whereas the 4G VoLTE Home Phone is a self-hotspot device … Read More
Unlimit, the Reliance Group-owned entity and the India’s first dedicated Internet of Things (IoT) business unit has announced its collaboration with Cumulocity (one of the leading IoT service provider) to roll out a suite of new products and services on a new platform called ‘Enablement.’ Enablement allows business to connect … Read More
Reliance Communications on Thursday said that it has received approval from the Competition Commission of India (CCI) for the sale of the Tower Division of Reliance Infratel Limited to Brookfield Infrastructure Group. The sale will be carried out pursuant to a demerger of the Tower Division to Towercom Infrastructure Private … Read More
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