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RCom, Reliance Jio in talks for spectrum sharing

Terming it as a “virtual consolidation” in the highly-competitive telecom space, Anil Ambani said his group firm RCom is tying up ‘trading and sharing’ of spectrum with Mukesh Ambani-led Reliance Jio including for the much-awaited 4G services. Addressing shareholders at the Annual General Meeting, Reliance Communications Chairman also said he was “grateful” to his elder brother for “unstinted... 

Rs 2700 crore debt has been cleared by Reliance Communication

Rs 2,700 crore is the amount taken from the group of international banks as a loan & has been fully repaid by Reliance Communication. The company quoted in an official statement that ”Reliance Communications made full payment of a syndicated ECB loan facility of $500 million, over Rs 2,700 crore, on the due date. The loan was taken in 2007 from a group of international banks.” On December... 

Reliance – Aircel Intra-Circle Roaming agreement to be signed

A new ICRA to be signed on between two big private operators one is Aircel & another is Reliance to continue uninterrupted services by expanding the network coverage across the whole country by offering handsome amount of facilities. Already RCOM’s possess network foot print which would be expanded by 10,000 base stations which will attract 100 million customers where the market value is around... 

Reliance 2G Internet Plans Review

2G data offerings has been revised by Reliance Communication in the recent line of tariff hike. All the telecom operators has followed the same path by reducing the internet data usage with their validity period. Airtel, Vodafone & Idea were the first three operators followed this path & also Tata Docomo was the nest GSM operator to join the path. Following are the new & revised 2G internet...