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Reliance Communications

 
Hoover's Profile: Reliance Communications Ltd.
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(Mumbai:ECLN)
Contact Information
Reliance Communications Ltd.
H Block, 1st Fl., Dhirubhai Ambani Knowledge City
Navi Mumbai 400 710, India
Tel. +91-22-3037-3333
Fax +91-22-3037-6622

Type: Public
On the web: http://www.reliancecommunications.co.in
 Employees: 36,650

Reliance Communications is one of India's largest providers of integrated communications services. With more than 48 million customers, the company serves consumers and enterprises with a digital network supporting voice, data, and video. Its fixed and wireless communications services include domestic and international voice, Internet access, messaging, and videoconferencing. It also provides wholesale capacity, infrastructure, and managed enterprise services through its Reliance Globalcom division. Reliance Communications is part of the Reliance - Anil Dhirubhai Ambani Group.

Key numbers for fiscal year ending March, 2008:
Sales: $4,772.7M
One year growth: 18.9%
Net income: $1,351.9M
Income growth: 66.3%

Officers:
Chairman: Anil D. Ambani
Head of Branding & Marketing: Telecommunications Infrastructure Development

Competitors:
Bharti Airtel
Mahanagar Telephone Nigam
Tata Communications

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Wikipedia: Reliance Communications
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Reliance Communications Limited
Type Public (BSE: RCOM)
Founded 2004
Headquarters Navi Mumbai, Maharashtra, India
Key people Anil Ambani
(Chairman) & (MD) [1]
Vice-Chairman Reliance-ADA Group
S. P. Shukla
(CEO)
Industry Telecommunications
Products Wireless
Telephone
Internet
Television
Revenue US$ 4.26 billion (2008)[2]
Net income US$ 1.35 billion (2008)
Total assets US$ 19.31 billion (2008)
Employees 33,000
Website Rcom.co.in

Reliance Communications, formerly known as Reliance Infocomm, along with Reliance Telecom and Flag Telecom, is part of Reliance Communications Ventures (RCoVL). It is an Indian telecommunications company. According to National Stock Exchange data, Anil Dhirubhai Ambani controls 66.77 per cent of the company, which accounts for more than 1.36 billion shares.[3] It is the flagship company of the Reliance-Anil Dhirubhai Ambani Group, comprising of power (Reliance Energy), financial services (Reliance Capital) and telecom initiatives of the Reliance ADAG. It uses CDMA2000 1x technology for its existing CDMA mobile services, and GSM-900/GSM-1800 technology for its existing/newly launched GSM services.

RelCom is also into Wireline Business throughout India and has the largest optical fiber communication (OFC) backbone architecture [roughly 110,000 km] in the country.

Reliance Communications has launched its Direct To Home (DTH) TV also, known as "Big TV". RelCom have presence across all B2C communications channel in one of the fastest growing markets in the world.

Contents

Bid For Hutch

In 2007, Reliance Communications had bid for 67% of Hutch but lost to Vodafone, which had been led by its CEO at the time Mr.PIYUSH.P .

Acquisitions

In July 2007, the company announced it is buying US-based managed ethernet and application delivery services company Yipes Enterprise Services for a cash amount of Rs. 1200 crore rupees (equivalent of USD 300 million). The deal was announc overseas acquisition, the Reliance group has amalgamated the United States-based Flag Telecom for $ 211 million [roughly Rs 950 crore (Rs 9.50 billion)].

Recent news

On the 19th December 2008,one of the flag telecom cables in the mediterranean sea was damaged.Flag Telecom is now part of Reliance Globalcom.

On the 30th December 2008, Reliance became the first telecom company in India to operate in both CDMA as well as GSM technologies.

Nationwide GSM Launch

On the 30th December 2008, Reliance Communications became the first telecom operator in the history of Indian telecommunications to simultaneously launch its GSM services in 17 circles, namely Andhra Pradesh, Chennai, Delhi, Gujarat, Haryana, Jammu & Kashmir, Karnataka, Kerala, Maharashtra, Mumbai, Punjab, Rajasthan, Tamil Nadu, Uttar Pradesh(East & West) thereby establishing itself as a pan-India operator.[4] It already operates GSM services in 8 circles namely Assam, Bihar & Jharkhand, Himachal Pradesh, Kolkata, Madhya Pradesh & Chattisgarh, North Eastern states, Orissa, West Bengal.

See also

References

  1. ^ Satish Seth
  2. ^ [1]
  3. ^ http://www.hindustantimes.com/news/181_1885264,00020009.htm
  4. ^ http://www.thehindubusinessline.com/2008/12/31/stories/2008123151160400.htm

External Links


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