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Rcom - Total results - 100
May 29, 2017
Reliance Communications shares plummet 21% at close; investor wealth down by Rs 3,200 cr in 2 weeksOver the past two weeks RCom stocks fell around 20 percent after rating agencies CARE and ICRA downgraded ratings of the company's bonds
May 29, 2017
RCom Q4 loss widens to Rs 966 cr, co says earnings hit by 'disruptive pricing, hyper competition'The company said the financial performance was affected on account of "crisis in the sector, resulting in first time full-year loss since inception".
Mar 21, 2017
Vodafone-Idea merger: Subscribers will continue to be pampered as incumbents fight to retain holdThe bottomline is that though a mega merger with the potential to shake up India’s telecom industry has been announced, no major upheavals should be expected immediately
Mar 20, 2017
Reliance Communications-Aircel merger gets CCI approval, move to reduce combined debt by Rs 24k crBoth the companies will transfer Rs 14,000 crore of debt each to the joint venture, taking the total debt of the new company to Rs 28,000 crore.
Feb 21, 2017
Reliance Jio tariff plan announcement takes sheen off telecom stocks; Bharti Airtel plunges 4%Among the laggards in telecom space, Bharti Airtel was the worst hit, dropping nearly 3 percent to Rs 365.65 with nearly 3 lakh shares changing hands on BSE
Jan 27, 2017
Moody's downgrades RCom credit rating to B2 citing high debt ratioMoody's had downgraded RCom from Ba to B1 in November on account of "weak performance" of the company
Dec 21, 2016
RCom strikes tower deal with Canada-based Brookfield Infra for Rs 11,000 crRCom said it will utilise the cash proceeds solely to reduce debt
Oct 14, 2016
RCom to sell 51% tower biz stake to Brookfield for Rs 11,000 croreReliance Communications Ltd (RCom) today announced the sale of 51 percent stake in its telecom tower business to Canada-based Brookfield Infrastructure Group, for an upfront cash payment of Rs 11,000 crore.
Sep 30, 2016
Telcos should tank-up spectrum; next sale may take long: DoT"After this auction we believe, there will no spectrum shortage in India. This problem of spectrum scarcity affecting quality of service will be history," Telecom Secretary JS Deepak told PTI.
Sep 16, 2016
RCom, Aircel may raise $1 bn from overseas investors for expansion, spectrum paymentReliance Communications executives also said the merged carrier might have to pay additional fees to the government for certain mobile spectrum held by Reliance Communications in 14 of India's 22 telecoms zones