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Latest Articles in reliance communications

Debt Concerns Pile Pressure On Shares In Reliance Communications

Shares in Reliance Communications fell nearly 10 per cent on Wednesday after a sell-off in its bonds, sparked by concerns that the debt-laden firm may be unable to repay its lenders amid intense competition in the sector

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Supreme Court Restrains Aircel-Maxis From Transferring 2G Licences

The Supreme Court on Friday halted mobile phone carrier Aircel from selling its airwaves over an ongoing case of alleged corruption, potentially delaying a proposed deal with rival Reliance Communications

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Reliance Communications Signs Binding Pact With Brookfield For Rs 11,000 Crore Tower Stake Sale

Reliance Communications said on Wednesday it had signed a binding pact with Canada's Brookfield Infrastructure for selling a stake in its mobile phone tower business

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Reliance Communications Sees Debt Falling Three-quarters In A Year

Anil Ambani says a deal with brother Mukesh Ambani's Reliance Jio to jointly offer 4G services was like a 'virtual merger' between the two companies and would help Reliance Communications cut costs

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Reliance Communications-Aircel Venture Looks To Raise $1 Billion For Expansion

Reliance Communications, which is to merge its wireless business with smaller rival Aircel, said on Thursday the combined carrier would look to raise about $1 billion in equity from outside investors for expansion and to pay for mobile spectrum

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RCom, Aircel To Merge Businesses As India Telco Consolidation Gathers Pace

Reliance Communications will combine its wireless business with smaller rival Aircel to create the nation's third-biggest cellular carrier by subscribers, the companies said on Wednesday, as intensifying competition fuels consolidation in the world's second-biggest telecom market

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RCom Extends Talks For Combining Wireless Business With Aircel

The decision to extend the talks until May 22 based on the good progress made so far, the company said

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Mukesh Ambani's $20 Billion Bet On TV, Telecoms May Rekindle Rivalry With Anil

Ambani controls Reliance Industries, an oil and gas behemoth that is India's most profitable conglomerate. He is also now targeting consumers, taking steps most recently into telecoms, where he has spent at least $18 billion on 4G telecoms brand RJio, due to launch this year

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Reliance Communications Expects To Seal Mobile Tower Deal In 2 Weeks

The asset sale is part of RCom's efforts to pare some of its Rs 40,479 crore as of end-December in debt on its books, as India's fourth-biggest wireless mobile phone carrier looks at deploying cash towards improving its network

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Reliance Communications Q3 Profit Falls On Lower Margins

For its fiscal third quarter ended December 31, the company reported a net profit of Rs 171 crore against Rs 201 crore a year earlier

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How RCom-Aircel-MTS Merger Benefits RJio

Ironically, the biggest beneficiary of the three-way planned merger between Reliance Communications, MTS India and Aircel is likely to be Reliance Jio.

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RCom-Aircel-MTS Merger Likely To Benefit RJio

Consolidation has been expected for a long time and the entry of Mukesh Ambani’s Reliance Jio is acting as a catalyst for the industry

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Reliance Communications, Aircel In Talks To Merge Mobile Business

Reliance Communications said on Tuesday it is holding non-binding but exclusive talks for a potential merger of its wireless business with smaller rival Aircel

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RCom To Sell Tower Assets To TPG, Tillman To Trim Debt

Financial analysts and industry watchers estimate the deal size could be close to Rs 22,000 crore for the tower and a few thousand crores more for other assets

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