Anil Ambani's Reliance Infratel to go publicSeptember 22nd, 2009 MUMBAI - Telecommunications provider Reliance Infratel, promoted by Reliance Communications and part of the R-ADA group, will come out with an initial public offer to the tune of 10 percent of its paid-up equity capital, group chairman Anil Ambani said here Tuesday. Addressing shareholders at Reliance Communication's annual general meeting here, Ambani said the draft red herring prospectus for the issue would be filed by group company Reliance Power with market regulator Securities and Exchange Board of India.
RCom launches mobile numbers starting with '8'September 16th, 2009 NEW DELHI - Reliance Mobile, the GSM arm of telecom operator Reliance Communication (RCom), Wednesday said it would launch a new mobile number series beginning with the digit "8" in the Delhi-National Capital Region circle. Reliance will be the first telecom operator to shift from the practice of beginning a cell phone number with the digit "9".
Reliance Communications net up 8.3 percentJuly 31st, 2009 MUMBAI - Reliance Communications (R-Com), part of the Anil Dhirubhai Ambani Group, has posted a net profit of Rs.1,637 crore ($342 million) for the quarter ended June 30 as against Rs.1,512 crore in the like period last year, a growth of 8.3 percent. The company's total income surged 15.5 percent to Rs.6,145 crore from Rs.5,322 crore, it said in a regulatory statement.
Etisalat, RCom sign infrastructure sharing pactJuly 22nd, 2009 NEW DELHI - Etisalat DB, a joint venture between Dubai-based telecom major Etisalat and Mumbai's Dynamix Balwas group (DB), and the Anil Ambani-promoted telephony operator Reliance Communications (RCom), have entered into an agreement to share infrastructure for 10 years, a RCom statement said Wednesday. The agreement, which will enable Etisalat DB to share tower and transmission infrastructure owned by RCom and sister company Reliance Infratel, is expected to increase RCom's revenues by Rs.10,000 crore ($2.2 billion), the company said in the statement.
Tata Communications launches advanced networking serviceJuly 21st, 2009 MUMBAI - Tata Communications, a leading telecom and Internet services provider, Tuesday launched advanced ethernet services to help its customers experience high-speed, secure and cost-effective bandwidth. Ethernet is a widely installed local area network (LAN) technology.
Reliance Communications to launch ad-funded videosJuly 9th, 2009 NEW DELHI - The Anil Ambani-led Reliance Communications has partnered with Britain-based mobile marketing company 3rd Space Services to launch free video content with embedded advertisements on its mobile platform. Under the agreement, 3rd Space will supply mobile video content like Bollywood songs, films and TV programmes to the Indian company, it said in a statement.
Reliance Globalcom revenue up 23 percentJune 29th, 2009 MUMBAI - Reliance Globalcom, part of the Anil Ambani-owned Reliance Communications, Monday said its revenues for the quarter ended March 31, 2009 increased 23 percent to Rs.1,880.3 crore ($391 million). The company had posted Rs.1,525.7 crore in revenue during the January-March quarter last year.
Tata Communications ties up with BT, TelxJune 25th, 2009 MUMBAI - Indian telephony and internet services provider Tata Communications Thursday forged two separate deals with Britain-based BT Group and American network services major Telx. The $1-billion deal with BT will see the British company outsourcing its entire voice traffic to Tata Communications, while the latter will utilise BT's infrastructure for its calls to Britain.
R-Com launches free unlimited call offer in DelhiMarch 18th, 2009 NEW DELHI - Reliance Communications (R-Com) here Tuesday launched the Reliance Mobile GSM Unlimited Free On-Net Calling Pack, an offer that will enable customers make free unlimited local calls to the company's GSM numbers. 'Now, upon doing a recharge of Rs.169, GSM subscribers can enjoy unlimited calling to any local Reliance Mobile GSM number,' the company said in a statement.
RCom launches GSM service in Jammu and KashmirFebruary 5th, 2009 JAMMU - Telecom operator Reliance Communications (RCom) Friday launched its GSM services in over 50 towns and more than 5,000 villages in Jammu and Kashmir, and said its nationwide footprint has been completed. 'National and state highways, rail routes, tourist locations and places of worship have been covered,' said Arvind Kumar, RCom's head of Jammu and Kashmir and Punjab circle.
R-Com launches GSM services in RajasthanJanuary 5th, 2009 JAIPUR - Reliance Communications (R-Com), India's only telecom service provider to offer GSM and CDMA services nationwide, has launched mobile GSM services in over 1,450 towns and more than 10,000 villages in Rajasthan. The company also launched a first-of-its-kind Customer Experience Programme (CEP) for subscribers opting for its GSM services, which offers up to 100 percent savings to sub-Rs.300 Average Revenue Per User (ARPU) mobile customers for a one-time subscription charge (including GSM SIM) of Rs.25.
Reliance mobile launches GSM services in PunjabJanuary 4th, 2009 CHANDIGARH - Reliance Communications Monday announced the launch of its GSM mobile services in Punjab, becoming the first telecom operator in the circle to have both GSM and CDMA services for mobile users. 'The service will cover 460 towns, 11,741 villages and a number of national, state and other highways, tourist and religious places throughout the state,' Reliance regional hub head Arvind Kumar told reporters at the launch.
R-Com GSM crosses 100,000 subscribers on first dayJanuary 4th, 2009 MUMBAI - Reliance Communications, an Anil Dhirubhai Ambani Group company, crossed 100,000 subscribers on the first day of the launch of its service in Mumbai, the company said in a statement Monday. 'The high volume sales can be attributed to the company's aggressive strategy,' an R-Com spokesperson said in the statement.
Reliance Communications launches GSM telephonyDecember 29th, 2008 MUMBAI - The Reliance Anil Dhirubhai Ambani Group (R-ADAG) Tuesday launched its much-awaited GSM mobile telephone services spanning 11,000 towns and over 340,000 villages with a capital infusion of Rs.10,000 crore (Rs.100 billion/$2 billion). Chairman Anil Ambani, who launched the services from the Reliance Centre here, said the rollout happened six months ahead of schedule, with the company having secured the frequency spectrum for the services only in January.
Reliance Communications launches GSM telephonyDecember 29th, 2008 MUMBAI - The Reliance Anil Dhirubhai Ambani Group Wednesday launched its much-awaited GSM mobile telephone services spread over 11,000 towns and 340,000 villages with a capital infusion of Rs.10,000 crore (Rs.100 billion/$2 billion). Chairman Anil Ambani, who launched the services from the Reliance Centre here, said the rollout happened six months ahead of schedule, with the company having secured the frequency spectrum for the services only in January.