Reliance Communications to launch ad-funded videos

October 1st, 2009 MUNICH - The first of two planned satellites for Germany's defence forces blasted off late Thursday from the European space launch centre outside Kourou, French Guiana, officials said. The satellite separated from its rocket and was placed into orbit about 30 minutes after launch.

September 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.

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".

August 31st, 2009 NEW DELHI - Telecom majors Reliance Communications (RCom) and Aircel are on the verge of signing a $300-million agreement for sharing telecom infrastructure like towers, sources close to the deal said Monday. "The deal will offer RCom a revenue upside of over Rs.1,500 crore.

July 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.

June 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.

March 7th, 2009 LUCKNOW - Telecom operator Reliance Communications Friday launched an international calling card for the US and Canada - ICC 799 - which brings down call rates to these countries to Rs.1.99 per minute. Introducing the card, Reliance Communications regional head for Uttar Pradesh and Uttarakhand Saleem Haq said: 'In order to keep in touch with the vast population of our people residing in the US and Canada, a need was felt to bring down calling cost to these countries...

January 31st, 2009 NEW DELHI - Reliance Communications (R-Com), part of the Reliance-Anil Dhirubhai Ambani Group (R-ADAG), Sunday launched its GSM services in the national capital. The Delhi launch comes after the company successfully started GSM services in 11,000 towns in the country.

January 22nd, 2009 NEW DELHI - Reliance Communications (R-Com), part of the Reliance-Anil Dhirubhai Ambani Group (R-ADAG), Friday reported 2.7 percent increase in net profit in the quarter ended Dec 31. The company posted Rs.14.1 billion (Rs.1,410 crore) net profit in the quarter as against Rs.13.73 billion a year earlier, an official statement said.

January 7th, 2009 MUMBAI - Reliance Communications (R-Com), the Anil Dhirubhai Ambani Group (ADAG) company that recently launched a GSM mobile service to complement its existing CDMA network, Thursday announced it will provide free video content to subscribers in collaboration with a British company. In a statement, R-Com said the Britain-based value added services (VAS) provider Swanbaymtech will broadcast free content on Reliance handsets in an advertisement-supported model.

January 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.

January 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.

January 3rd, 2009 MUMBAI - Telecom operator Reliance Communications (R-Com), belonging to the Reliance Anil Dhirubhai Ambani Group (R-ADAG), Sunday launched its much-awaited GSM mobile telephone services here. This comes within days of the company announcing Dec 30 the launch of its GSM services across 11,000 towns in the country.

December 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.

December 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.