Page 12 - Reliance Communications

Post-ICRA downgrade, debt concerns pile pressure on RCom shares

Reliance said it had paid half yearly interest on the 2020 bond and that it had no outstanding dues

R-Com enters data war; offers 70 GB 4G data at Rs 148 in Andhra, Telengana

The said benefits are being offered in Reliance Communications 'super value' tariff plan

Reliance Comunications gets Sebi nod for merger with Aircel

Shares of Reliance Communications were trading at 2.48 per cent higher

Jio effect: Reliance Communications registers Q3 net loss at Rs 531 cr

The company had posted net profit of Rs 303 crore in the same period a year ago

Moody's places RCom' rating on review for downgrade despite Rs 11k cr deal

RCom signed binding agreements to sell 51 per cent stake in its tower business to Canada-based Brookfield Infrastructure

RCom completes tower arm sale to Brookfield Infra for Rs 11,000 cr

Company debt expected to come down from Rs 42,000 cr to Rs 17,000 cr, after wireless & tower deals

RCom strikes Rs 11,000-cr tower deal with Brookfield Infra

RCom will utilise the cash proceeds solely to reduce debt, and will also receive B Class non-voting shares in the tower company

RCom rallies 9% on reports of tower deal with Brookfield

The stock was up 9% to Rs 38.05 after the company said it signed binding agreements with Brookfield

RCom: Tower deal to cut debt, more cash required

Remaining businesses will need to generate healthy cash flow for servicing the residual debt

Reliance Communications to sell tower arm majority stake to Canada's Brookfield for $1.7 billion

The company will use the proceeds of the deal with Brookfield 'solely' to repay debt

Reliance Communications to sell 51% tower business stake to Brookfield for Rs 11,000 crore

The tower sale deal along with the merger of RCom's wireless biz with Aircel - will reduce the company's debt by nearly 60% to Rs 17,000 cr

The tech-savvy matriarch

Answering shareholder queries on making technology easier for senior citizens, Reliance Communications Chairman Anil Ambani said at the company's annual general meeting on Tuesday that his role model, his mother, Kokilaben Ambani was active on all the major social media platforms such as Facebook, Instagram, WhatsApp and Pinterest. Citing her case, he said there was no age for learning, which was a lifelong process. Anil Ambani also said she kept asking him about what the next big thing would be. Her latest query to her younger son: "What is VR and how do you use it?" "If I don't answer her queries, she will send me a list of links which talk about virtual reality," quipped Anil Ambani.

Moody's to review R-Com rating

Moody's said that estimations for RCOM's adjusted consolidated debt/EBITDA has deteriorated further during the quarter ended June, 2016

R-Com, Aircel create 4th-largest telco

Both will have 50:50 stake in the new entity, brand name to be decided later

RCom profit up 5.8%

54-cr profit was posted for June quarter in FY17

RCom & Aircel come together to create India's 4th largest telco

The merged entity will have the second largest spectrum holding amongst all operators, aggregating 448 MHz

RCom launches cloud-based network platform for enterprises

Cloud X WAN will provide cloud-based managed services worldwide across the company's proprietary Cloud X platfor

Reliance Communications launches content delivery network

It is designed to take 'Digital India' from promise to fruition

RCom plans to promote app-to-app calling

It is offering 300 minutes of app-to-app calling for Rs 39

FIPB rejects Flag Telecom's proposal to set up arm

Sources in the know said Flag Telecom Singapore, a 100%-owned subsidiary of RCom, plans to acquire a company and set up a subsidiary in India