RCom Reduces Employee Base By 94%

RCom Reduces Employee Base By 94%; Says Biz Insulated From Hyper-Competition By Economic Times Telecom June 13, 2018 NEW DELHI: Anil Ambani-led Reliance Communications said that its operational business is fully insulated from the hyper-competition, mega capex requirements, financial stress of the wireless sector. It added that its employee base now stands at 3400, a [...]

2018-06-13T11:03:57+00:00June 13th, 2018|Categories: State of the Industry|Tags: , |

RCom Could Exit India Following Asset Sale

RCom Could Exit India Following Asset Sale By Noomag March 23, 2018 Two of the people said that five companies had expressed interest in buying RCom's remaining telecoms assets in a sale that could raise about $1.2bn. However, when Jio's bid was finalised, Ericsson moved the arbitral tribunal and sought to restrain the sale of [...]

2018-03-23T11:14:22+00:00March 23rd, 2018|Categories: State of the Industry|Tags: , , , |

RCom In Talks Over Enterprise Telecoms Sale

RCom In Talks Over Enterprise Telecoms Sale By Tom Mitchell, Simon Mundy and Don Weinland, Financial Times March 21, 2018 Deal would end company’s 15-year presence in Indian communications sector RCom, the heavily indebted company controlled by Indian tycoon Anil Ambani, is in talks over a sale of its business communications assets that could end [...]

2018-03-22T12:26:57+00:00March 22nd, 2018|Categories: State of the Industry|Tags: , , , , , , , |