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Tag: rcom
RCom shareholders OK Sistema Shyam deal
2016-03-09 01:00:00| Total Telecom industry news
Indian operators expected to close takeover deal in Q2 2016.
Tags: deal
sistema
shareholders
rcom
RCom, Aircel reach merger agreement - report
2016-02-29 14:41:00| Telecompaper Headlines
(Telecompaper) Indian operators Reliance Communications (RCom) and Aircel have reached a merger agreement. RCom will combine its mobile business with Aircel, and both parent companies will hold 50 percent each in the resulting entity, ET reports, citing unnamed sources directly involved in the transaction. The merged company will emerge as India's third largest mobile operator by number of customers.
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agreement
reach
merger
RCom, Aircel to create 50:50 JV
2016-02-29 01:00:00| Total Telecom industry news
Indian telcos to merge mobile assets under new brand, according to press report.
RCom makes progress with SSTL takeover
2016-02-09 01:00:00| Total Telecom industry news
Indian operator to hold court-convened shareholder meeting on 8 March.
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progress
takeover
makes progress
RCom revenues, EBITDA decline in December quarter
2016-01-25 09:23:00| Telecompaper Headlines
(Telecompaper) Indian operator Reliance Communications (RCom) reported revenue for its fiscal third quarter to 31 December 2015 of INR 52.98 billion, down from INR 54.69 billion a year earlier. EBITDA also declined to INR 18 billion from INR 18.50 billion. Net profit fell to INR 1.7 billion from INR 2 billion in December 2014.
Tags: december
quarter
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