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RCOM

Reliance Communications Ltd

Industry: Telecom Services

MarketCap: .... Rank : ...

Financials Yearly Financials Quarterly Holdings About Company Fundamental Chart Technical Chart



Financials


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Financials Quarterly


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Holdings


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About Reliance Communications Ltd

Overview

Reliance Communications Ltd (RCOM) was a leading Indian telecommunications service provider, offering voice and data services across 2G, 3G, and 4G networks. They catered primarily to the business and government segments. However, due to substantial debt, the company filed for bankruptcy in February 2019.

History

Founded in 2004 as Reliance Infocomm Limited, RCOM began with a nationwide CDMA2000 service. It transitioned to Reliance Communications Ltd in 2006 and introduced GSM services two years later. By 2011, they implemented MIMO technology to enhance their 3G service and data speeds. RCOM actively participated in spectrum auctions to expand its reach. Unfortunately, the company's heavy debt burden ultimately led to its bankruptcy filing in 2019.

How the Company Operated

RCOM functioned as a full-fledged telecom service provider. They built and maintained a vast fiber optic network exceeding 190,000 kilometers, enabling them to offer wireline and wireless services. Additionally, RCOM owned significant tower infrastructure that other telecom operators could lease. Their subsidiary, Global Cloud Xchange, was the world's largest private undersea cable system, providing international connectivity solutions.

The Future

As of today, March 29, 2024, Reliance Communications Ltd is undergoing bankruptcy proceedings. The company's future remains uncertain, and its assets are likely to be divided or acquired by other telecom players.

Conclusion

Despite its current challenges, Reliance Communications Ltd played a significant role in India's telecommunications landscape. They were known for their extensive network reach, innovative service offerings, and global submarine cable infrastructure.

Official Website

While Reliance Communications Ltd maintains a web presence http://www.relianceada.com/reliance-communications, it primarily serves as an archive of the company's past achievements.

Additional Information and Interesting Facts

  • Reliance Communications Ltd was a part of the Reliance Group, a prominent Indian conglomerate.
  • The company had a significant corporate client base, including over 40,000 Indian and multinational corporations.
  • Their subsidiary, Global Cloud Xchange, offered high-bandwidth connectivity to various countries across the globe.
  • Brands and Companies

  • Global Cloud Xchange (Subsidiary)
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    Company Details : 2 Weeks Ago StockToolX


    Reliance Communications Ltd Fundamental Analysis

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    Fundamental Score Updated : 4 Hours ago StockToolX


    Reliance Communications Ltd Technical Analysis

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    Technical Score Updated : StockToolX