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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

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