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Reliance Communications

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Reliance Communications is a telecommunications company based in India, founded under the name Reliance Infocomm Limited in 2004. The company has been a pioneer in the field, introducing services such as CDMA2000 in 2004, GSM in 2008, and MIMO technology[1] in 2011. It was rebranded as Reliance Communications Limited in 2006. The firm grew through acquisitions, notably Digicable in 2010 and Sistema Shyam TeleServices Limited, also known as MTS India, in 2016. Despite some legal complications, including a failed merger with Aircel, the company continued to expand by obtaining 3G spectrum licenses and selling assets to address financial challenges. It also concluded successful mergers with MTS and Aircel. Today, Reliance Communications is known for its commitment to innovation and its influence in the telecommunications sector.

Terms definitions
1. ↑ technology. Technology, derived from the Greek words meaning craft and knowledge, is a broad term that refers to the tools, machines, and systems developed by humans to solve problems or fulfill objectives. Originating with primitive tools like stone axes and the discovery of fire, technology has evolved significantly throughout human history. It has been instrumental in different eras, from the invention of the wheel and advanced irrigation systems in ancient civilizations to the birth of universities and printing press during the medieval and Renaissance periods. The Industrial Revolution in the 18th century marked a significant shift in mass production and innovation, giving rise to modern technologies like electricity, automobiles, and digital communication platforms. Today, technology is integral to various aspects of life and society, driving economic growth and societal change, while also raising concerns about security, privacy, and environmental impacts. The future of technology is expected to bring even more advancements, with the rise of artificial intelligence predicted to have significant implications for the job market.
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Reliance Communications (Wikipedia)
Not to be confused with Jio.

Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹500 billion (equivalent to ₹620 billion or US$7.8 billion in 2023) against assets worth ₹180 billion (equivalent to ₹220 billion or US$2.8 billion in 2023).

Reliance Communications Limited
Company typePublic
ISININE330H01018
IndustryTelecommunications
Founded15 July 2004; 19 years ago (2004-07-15)
FounderAnil Ambani
DefunctMay 2018; 5 years ago (2018-05)
FateBankruptcy (Mobile Network Division)
HeadquartersDAKC,
Navi Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
  • Anil Ambani
    (Chairman)
  • Bill Barney
    (Co-CEO)
  • Manikantan Viswanathnan
    (CFO)
  • Prakash Shenoy
    (Company Secretary)
Products
Services
  • Internet services
  • Network services
  • Cloud networking
  • Data center services
  • Enterprise voice
  • Cloud Telephony
  • Collaboration services
  • Wholesale voice
  • Value added services (VAS)
RevenueIncrease ₹40.15 billion (2019)
Decrease ₹8.67 billion (2019)
Members9,479
(June 2021)
Number of employees
3,038 including
1,819 permanent employees (2018)
ParentReliance ADAG
Divisions
Subsidiaries
Websitewww.rcom.co.in Edit this at Wikidata

As of March 2020, the company reworked its strategy and continues to operate 4G data services, fixed-line communications, data center services, and enterprise solutions as well as subsea cable networks under the banner name, "Global Cloud Xchange".

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