RCom gallops to 52-week high on massive volume

Reliance Globalcom, an Indian telecom service provider, has marked eight years of alliance with Saudi data service providers Integrated Telecom, a company statement said. Under an arrangement inked in 2005, Reliance Globalcom is providing Integrated Telecom ( ...

RCom is also betting on more network-sharing deals with Reliance Industries, controlled by Anil Ambani's older brother, Mukesh, India's richest man, which is readying a nationwide 4G network, after a pact to lease out its inter-city fibre optics network.

Reliance Globalcom activates 'Hawk' submarine cable system i... news.taaza.com: (20 Days ago) Mumbai, April 4 (IANS) International telecom services provider Reliance Globalcom Thursday activated its 'Hawk' submarine cable system in Egypt and ...

The stock of Reliance Communications will remain in focus this week as the company is in advanced stage of negotiations with a consortium of PE funds, including Samena Capital, for the acquisition...

After inking a pact with Reliance Globalcom to use its undersea cable, Mukesh Ambani's Reliance Industries telecom arm will use Bharti Airtel's submarine cable network to provide data connectivity across Asia Pacific. Reliance Jio Infocomm Ltd, ...

Indian operator Reliance Communications (RCom) has confirmed it is in advanced talks with a Samena Capital-led consortium to sell its international subsidiary Reliance Globalcom. Samena is already conducting due dligence, and the companies aim to ...

The stake sale is expected to be used by RCom to lower its debt burden which stood at around Rs 37,000 crore as on December 31, 2012. The sale would include the group's undersea cable business, valued at USD 1-1.2 billion.

Reliance Communications, which is currently negotiating a deal to sell stake in its subsidiary, Reliance Globalcom, said that it could conclude by the end of this month.

Mukesh Ambani-promoted Reliance Jio Infocomm is in discussions with Anil Ambani’s Reliance Globalcom to lease the latter’s under-sea cable infrastructure for its coming 4G LTE services.