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Reliance Independent TV suspends operations

Reliance Independent TV suspends operations

DTH operator Independent TV has abruptly shut its services and scores of distributors and customers in Uttar Pradesh have been left in the lurch. A message on its website reads:… Read more »

NCLT declares Reliance Communications bankrupt

NCLT declares Reliance Communications bankrupt

Anil Ambani headed Reliance Communications has officially made its way to the inglorious club of bankrupt firms. On Thursday, the National Company Law Tribunal admitted RCom for insolvency proceedings. RCom… Read more »

Reliance Jio to buy out RCom’s wireless assets

Reliance Jio to buy out RCom’s wireless assets

Mukesh Ambani-led Reliance Jio announced it will buy the wireless infrastructure assets that include towers, optic fibre cable network, spectrum, and media convergence nodes (MCNs)* of Reliance Communications (RCom) and… Read more »

RCom plan to reduce its debt to Rs 6000 Crore

RCom plan to reduce its debt to Rs 6000 Crore

Reliance Communications announces debt recast plan to reduce its Rs45,000 crore debt significantly to less than Rs6000 crore by monetization of its wireless business and real estate assets. Post recast… Read more »

2G Scam: CBI court acquits A Raja, Kanimozhi and all other accused

2G Scam: CBI court acquits A Raja, Kanimozhi and all other accused

Former telecom minister A Raja and DMK MP Kanimozhi were today acquitted by a special court in the 2G spectrum scam case. Fifteen other accused in the case and three… Read more »

RCom shares up nearly 35%

RCom shares up nearly 35%

The stock price of Reliance Communications (RCom) shot up by over 35% on Wednesday, possibly triggered by a joint lenders’ forum meeting scheduled for Thursday. The forum is expected to… Read more »

Ericsson seek NCLT to start bankruptcy proceedings against Reliance Communications (RCom)

Ericsson seek NCLT to start bankruptcy proceedings against Reliance Communications (RCom)

Telecom equipment maker Ericsson petitioned the National Company Law Tribunal (NCLT) seeking the start of bankruptcy proceedings against Reliance Communications (RCom) and two of its subsidiaries over total unpaid dues… Read more »

Mobile Subscriber Base in June 2017

Mobile Subscriber Base in June 2017

India’s total telecom base (wired+wireless) jumped by 5.86 mn to cross 121 cr with teledensity of 93.98 in the month of Jun’17. Reliance Jio continues to attract more number of… Read more »

RCom gains on plans to cut Rs 25,000 crore debt

RCom gains on plans to cut Rs 25,000 crore debt

Reliance Communications in a letter to bourses, has stated that the company will not pay outstanding interest until December 2017, on its bonds held by LIC of India, the country’s… Read more »

What is Fair Usage Policy (FUP)

What is Fair Usage Policy (FUP)

Fair Usage Policy (FUP) is implemented by Internet Service Providers (ISPs) keeping in view the fact that a small number of customers may otherwise use an excessive amount of the… Read more »

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