By shifting the business model from B2C to B2B, the company has lost the subscriber base significantly. “RCom now serves only 35,300 customers worldwi...
Anil Ambani Owned Reliance Communications Gains Momentum in Stock Market
The Anil Ambani-owned Reliance Communications said its unit Reliance Infratel has informed the bankruptcy appeals court of reaching a settlement with ...
Aircel Files Bankcrupcy
Crisis-hit telecom major Aircel is facing customers’ fury in Tamil Nadu as its network was affected by the cessation of services by tower infras...
Anil Ambani’s Reliance Communications Gets USD 600 Million Submarine Cable Work
The new cable will increase its total capacity by ten times as against the current capacity. Saddled with a debt of Rs 45,000 crore, the Anil Ambani-l...
Reliance Communications Announces Massive Debt Reduction, Stock Market Shows Great Reaction
Shares of Reliance Communications (RCOM) zoomed after Reliance Group’s Chairman Anil Ambani announced plan to reduce the company’s debt by Rs 25,000 c...
Reliance-Aircel Merger Called Off
Telecom operators Reliance Communications and Aircel on Sunday terminated their mobile business merger deal. “Merger of mobile business of RCom ...
IBM & Reliance Communications Jointly to Drive Cloud Adoption in India
IBM announced that it is working with Reliance Communications to provide its customers with a complete portfolio of highly secure and scalable Infrast...