Anil Ambani

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Anil Ambani to exit telecom business; focus on real estate

The 14th AGM of Reliance Communications, promoted by Anil Ambani, saw confirmed talks of Anil Ambani's exit from the telecom business. He said that Reliance Communications will concentrate majorly on real estate in the future.

iWorld Telecom
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RCom sells assets worth Rs 2000 crore to Reliance Jio

Reliance Communications has completed the sale of its media convergence nodes (MCNs) and related infrastructure assets worth RS 2000 crore to Reliance Jio Infocomm (Jio).

iWorld Telecom
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RCom replenishes bank guarantees of Rs 774 cr with DoT

Four weeks ahead of telecom tribunal’s deadline, Reliance Communications (RCom) and its subsidiaries have reinstated bank guarantees (BGs) aggregating Rs 774 crore with the Department of Telecommunications (DoT) while the deadline was of 10 September.

iWorld Telecom
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Hathway leads the way in wireline net subs addition in Q3

BENGALURU: Over the past few years, multi-system operators, or MSOs, and cable television operators have been trying to enhance revenue by offering broadband internet services riding piggyback on their cable TV network wires.

Cable TV Multi System Operators
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Nov 2017: Wireline internet bleeds subscribers

Mukesh Ambani’s Reliance Infocomm Limited (Jio) closed the month of November 2017 (Nov-17, month ended 30 November 2017) with 152.08 million wireless broadband subscribers having added 6.12 million subscribers (grown by 4.19 percent). As per Telecom Regulatory Authority of India (TRAI) data, the...

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