Tag: Reliance Communications

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RCOM settles dues issue with Ericsson, to close $2.7 bn deal with Jio and Brookfield shortly

Indian telecom operator Reliance Communications has reached a settlement with Ericsson and agreed to pay part of the dues to the Sweden-based company by...

Anil Ambani indicates revival of Reliance Communications

Reliance Communications (RCOM) today revealed its strategies have assisted the telecom operator to reduce net loss to Rs 130 crore in Q3 fiscal 2018...

GCX reveals new Cloud and fiber strategies for 2018

Global Cloud Xchange (GCX), a subsidiary of Reliance Communications (RCOM), has revealed its strategies for 2018. GCX will self-finance the construction of its recently-announced Eagle...

Mukesh Ambani to assist Anil Ambani by buying telecom assets of RCOM

Mukesh Ambani, India’s richest person, will assist his younger brother Anil Ambani by buying certain telecom assets of Reliance Communications. The debt-ridden Reliance Communications has been...

Anil Ambani presents new strategy to save Reliance Communications

Reliance Communications promoter Anil Ambani has offered to sell or divest a part of the group assets to reduce major portion of the debt...

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