| SC notice to Trai, RCom, Tata Tele, Vodafone others | 09-NOV-09 |
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| The Supreme Court has issued notice to 11 parties, including Trai, Reliance Communications, Tata Teleservices, Vodafone Essar, on a petition by state-run BSNL challenging removal of Access Deficit Charge (ADC), a levy paid by private telecom operators for funding the PSU's operations in rural and remote areas. |
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| RCom, Loop announce per-second call rates | 04-NOV-09 |
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| Reliance Communications today launched a per-second billing plan for both its GSM and CDMA subscribers. It would charge a paisa every second for all local and national calls, as well as on roaming, a company statement said. The plan would be applicable to both its GSM and CDMA networks. The company has also announced a plan wherein a subscriber would have to pay a rupee every three minutes. |
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| RCom finalises global MNP contracts | 03-NOV-09 |
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| Telecom service provider Reliance Communications is close to awarding a contract for implementation of mobile number portability (MNP) integration across its network to eight global telecom companies. The deal is estimated to be worth Rs 700-800 crore. The eight are Tekelec, HP, Intec, Huawei, ZTE, Ericsson, Lucent and Radio Telecom. The deal would involve network and information technology infrastructure deployment across RCom’s network. MNP has to be offered to all subscribers in metro cities and Category-A circles by every telecom service provider from January 1, 2010 (and in the rest of the country by March). It would allow mobile users to change their service providers while retaining their numbers. |
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| RCom net drops 52 per cent | 01-NOV-09 |
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| Hit by foreign exchange and mark-to-market losses, the Anil Ambani group’s telecom service company, Reliance Communications (RCom), posted a 51.63 per cent fall in net profit to Rs 740.30 crore on a consolidated basis for the second quarter ended September 30. RCom, which made a provision of Rs 283 crore for MTM losses, had recorded a net profit of Rs 1,530.78 crore in the same period of the previous financial year. |
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| RCom debunks special audit reports, expects no liability | 26-OCT-09 |
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| The adverse findings of the special audit report done on Reliance Communications (RCom) and its subsidiaries are clearly wrong and will not result in any additional financial liability, says the Anil Dhirubhai Ambani group company. |
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| Sunil Jain: Can Manmohan ditch Raja? | 26-OCT-09 |
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Readers of this column have reasons to feel vindicated by last week’s CBI raids in the telecom ministry as on various telecom firms that benefited from telecom minister A Raja’s largesse in early 2008 — he gave a handful of favoured firms valuable spectrum at prices exactly equal to those paid by buyers in June 2001. Readers would recall every vicissitude in this saga, from the wishy-washy Trai recommendations that allowed Raja to do what he wanted, to his announcing a |
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| Costly fares | 19-OCT-09 |
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| The ongoing fare war and the launch of wireless services by new players will only worsen the profitability of mobile service providers. |
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| Report on RCom not influenced by anyone: Audit panel | 15-OCT-09 |
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| Amid the controversy over alleged overstating of revenues and evasion of licence fee by Anil Ambani Group company Reliance Communications (RCom), the government-appointed audit panel today said its report is not influenced by anyone. |
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| Anil Ambani hits at rivals; says special auditor biased | 15-OCT-09 |
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| Dubbing as "biased" the special audit report alleging overstatement of revenues and evasion of licence fee by Reliance Communications (RCom), its Chairman Anil Ambani today said corporate rivals were behind the "vicious campaign" against his group company. |
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| ICAI seeks details of RCom's books to nail auditor | 14-OCT-09 |
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| Accounting regulator ICAI today said it has asked Reliance Communications (RCom), which is under attack for alleged fudging of accounts and evasion of licence fee, to provide financial details before it can initiate action against the teleco's auditors. |
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| China Wireless in pact with RCom to sell handsets | 08-OCT-09 |
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| Mobile handset maker China Wireless Technologies today forayed into the Indian dual-sim smart-phone market in partnership with Reliance Communications (RCom), aiming to clock Rs 800 crore revenue in the next five years. |
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| Govt auditors submit special report on RCom | 08-OCT-09 |
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| Auditors appointed by the government to look into violation of revenue reporting norms are understood to have submitted the report on Reliance Communications (RCom) and their findings on other telecos would follow in the coming weeks. |
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