Reliance Communications

RCom to sell DTH arm Reliance BIG TV to reduce debt

The company said that following the change of ownership, services to its 1.2 million subscribers and continuity for about 500 employees of Reliance BIG TV won't be interrupted in any manner.

Nov 29, 2017

China Development Bank files insolvency suit against debt-ridden Reliance Communication

Earlier, RCom's operational creditors Ericsson India and Manipal Tech have already filed bankruptcy petitions against the telecom company as dues were not cleared.

Nov 28, 2017

Reliance Communications and Aircel lash out at rivals for causing them 'irreparable damage' with false advertising

RCom and Aircel have now accused Bharti Airtel, Vodafone and Idea Cellular of trying to poach its customers through false advertising.

Nov 18, 2017

Slowdown in telecom sector puts 100,000 jobs at risk; is Bharti Airtel first to face the heat?

Facing the heat of the economic slowdown, Bharti Airtel has reportedly reduced its headcount by 1,805 employees in India in the last one year.

Nov 1, 2017

1,000 to 1,200 RCom workers to get laid off as company shuts most wireless businesses

The company has communicated to its employees that their last working day will be November 30.

Oct 26, 2017

You can always go home: Reliance Communications to re-absorb 4,000 staffers after Ericsson deal debacle

RCom and Ericsson decided to sever ties over non-payment of dues to the latter, amounting to approximately Rs 1,150 crore and now 4,000 employees are set to rejoin Reliance Communications.

Oct 11, 2017

RCom in tight spot as tower operators cut services citing pending dues

Reliance Communications owes GTL and its unit CNIL about Rs 95 crore and Rs 20 crore to Rs 25 crore each to ATC and Bharti Infratel.

Oct 6, 2017

Anil Ambani flags 'creative destruction' of telecom sector

Sector under stress, and banks are not lending he says, pointing out that many operators have seen value erosion and large losses over the past year.

Sep 26, 2017

NCLT approves Reliance Communications-Aircel merger, Brookfield deal

The tribunal on Monday overruled objections of Bharti Infratel, GTL and Ericcson.

Aug 14, 2017

Jio effect: Reliance Communications joins data tariff war with new Rs 299 unlimited plan

Reliance Communications introduces new Rs. 299 plan with unlimited data, voice calls and text messages.

Aug 11, 2017

Under NCLT heat, RCom seeks time for Aircel merger, tower business sale

Says it is "running against time", in talks with China Development Bank to rethink its opposition to deal.

Jul 28, 2017

Jio-graphic: Price slashes by Reliance upstart bleed Airtel bottomline

Net profits decline 75% in Q1 thanks to sops from Ambani-backed Reliance Jio; smallest profit in 18 quarters

Jul 25, 2017

Here's why Reliance Jio, Airtel, Vodafone and Idea clashed over interconnect usage charges

Reliance Jio and Airtel engaged in a serious spat over the implementation of interconnect usage charges in rural areas.

Jul 21, 2017

Reliance Communications shares plunge yet again on loan repayment, debt downgrading woes

Anil Ambani-owned Reliance Communications reported dismal Q4 results amid mounting loans and downgrading of its debt by credit rating agencies.

May 31, 2017

Reliance Communications lays off 800 employees: Report

Falling revenues and margins are forcing Anil Ambani's Reliance Communications to take drastic steps such as laying off employees.

Apr 7, 2017

Supreme Court dismisses Rs 4,800 crore tax liability on R-Com

SC rejects the SLP filed by the Income Tax department against R-Com treating the proceeds from foreign currency convertible bonds as 'unexplained cash credits'

Nov 22, 2016

Reliance Communications, Aircel announce merger: Is this a tactic for expansion or just survival?

Apart from reducing their debt, the two telcos hope to see a synergy in a highly competitive business in India.

Sep 14, 2016

Reliance Communications, Aircel likely to sign merger agreement in September

Reliance Communication, Aircel merger is expected to create India's third largest telecom company with 196 million subscribers.

Aug 27, 2016

Vodafone, Idea Cellular in 'exploratory' mega merger talks: Report

Even though Idea denied such rumours, CNBC-TV18 reported the two telcos have assessed the challenges and opportunities of such a move.

Aug 23, 2016

Ambani's $20 billion bet on TV, telecoms may rekindle wealthy brothers' rivalry

Mukesh Ambani's television unit has been aggressively wrapping up deals with hundreds of small players in a street-by-street effort.

Mar 8, 2016