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+00:00 June 13th, 2018|Categories: State of the Industry|Tags: , |

GCX, PrimeTel To Upgrade Subsea Cable System

RCom-GCX, PrimeTel Strengthen Partnership To Upgrade Subsea Cable System By Muntazir Abbas, India Times May 8, 2018 NEW DELHI: Global Cloud Xchange (GCX), a subsidiary of Reliance Communications (RCom) and Cyprus-based telecom service provider PrimeTel Tuesday further enhanced their partnership with a 100Gbps upgrade to GCX’s HAWK subsea cable system branch into Cyprus. This network [...]

2018-05-09T12:02:57+00:00 May 9th, 2018|Categories: Technology & Upgrades|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+00:00 March 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+00:00 March 22nd, 2018|Categories: State of the Industry|Tags: , , , , , , , |

RCom Falls 5%, Makes No Payment To Lenders

By The Economic Times November 16, 2017 NEW DELHI: Shares of Reliance Communications tanked 5 per cent in Thursday's trade after the debt-ridden telecom operator said that it is not making any payment to lenders or bond-holders for the time being as it is under 'standstill period' with invocation of strategic debt restructuring scheme and [...]

2017-11-16T11:13:55+00:00 November 16th, 2017|Categories: State of the Industry|Tags: , , |

GCX Announces “Cloud and Fiber Initiative”, EAGLE Cable System

By Global Cloud Xchange Press Release November 8, 2017 Subsea cable pioneer and owner of the world’s largest subsea telecom infrastructure, GCX, unveils plan to construct new state-of-the-art express cable network from India via Thailand to Hong Kong and from India across the Middle East to Italy. MUMBAI, India - Global Cloud Xchange (GCX), a subsidiary [...]

2017-11-08T10:42:09+00:00 November 8th, 2017|Categories: Future Systems|Tags: , , , , |