RCom gains on nearly 1% on DTH business sale
The stock hit a high of Rs 16.50 earlier in the day.07-11-2017
07-11-2017
Clarifies on News Item
With reference to news appeared in economictimes.indiatimes.com dated November 4, 2017 quoting "Brookefield calls off Reliance Communications deal after Aircel merger falls through", Reliance Communications Ltd has submitted to BSE a copy of Clarification is enclosed.07-11-2017
Press Release / Media Release
RELIANCE COMMUNICATION LIMITED ENTERS INTO BINDING MOU TO SELL 100% EQUITY IN NON CORE DTH BUSINESS06-11-2017
Clarification sought from Reliance Communications Ltd
The Exchange has sought clarification from Reliance Communications Ltd on November 6, 2017, with reference to news appeared in economictimes.indiatimes.com dated November 4, 2017 quoting "Brookefield calls off Reliance Communications deal after Aircel merger falls through"The reply is awaited.06-11-2017
Board Meeting On Saturday, November 11, 2017
A meeting of the Board of Directors of the Company will be held on Saturday, November 11, 2017, inter alia, to consider and approve the unaudited financial results of the Company for the quarter and half year ended September 30, 201703-11-2017
Tech Mahindra, hoping for a settlement, withdraws case against Reliance Communications
Tech Mahindra said today that it was withdrawing the case it filed at the National Company Law Tribunal (NCLT) against Reliance Communications, with both parties agreeing to negotiate towards a settlement. RCom, which is laden with over Rs. 25,000 crore in debt, owes Tech Mahindra Rs. 8.2 crore, according to TechM's petition. RCom has had multiple stumbles in its efforts to pull itself out of the hole it is in, including the called-off merger with Aircel (Aircel later hinted at regulatory and management problems at the company). It is now looking to sell off its assets to meet some debt repayments. RCom had initially disputed Tech Mahindra's claim, saying that the amounts billed were "disputed" and the petition "misconceived".02-11-2017
Trai showcauses RCom for stopping 2G services
The Telecom Regulatory Authority of India (Trai) has asked Reliance Communications (RCom) to explain why its second-generation technology (2G) services have been disrupted in various regions.Earlier, RCom decided to put the curtains on its 2G services and focus on 4G (fourth-generation technology). However, sources in Trai told Business Standard, the company had not informed the regulator about these plans.Trai has also asked RCom to generate unique porting codes for customers wanting to migrate to other operators. It has given till the coming Monday for being provided all the details on this.The regulator's notice says it has learnt RCom had stopped its services in Shillong for the past few days without any warning to subscribers and that its customer care offices had been closed in the area. Calls to customer care numbers got no response."Due to this, Reliance customers of that area who would like to port their mobile number to other service providers are unable to do so." The...02-11-2017
Reliance Communicationsmay stayMVNOpost2G,3Gvoice exit
RCom plans to monetise spectrum assets in the 800MHz, 900MHz, 1800MHz and 2100MHz bands by sharing and trading with other Indian telcos, most likely Jio.02-11-2017
RCom-Sistema Shyam merger completed
Deal to help the Anil Ambani-led firm that is trying to shut down its loss-making wireless telephony business by Nov 3001-11-2017