Reliance Communications: Difference between revisions
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Revision as of 12:47, 13 December 2010
A major contributor to this article appears to have a close connection with its subject. (April 2010) |
Company type | Public (NSE: RCOM, BSE: 532712) |
---|---|
Industry | Telecommunications |
Founded | 2004 |
Founder | Dhirubhai Ambani |
Headquarters | Navi Mumbai, Maharashtra, India |
Area served | India |
Key people | Anil Ambani (Chairman) Satish Seth (MD) |
Products | Wireless Telephone Internet Television Data Cards Recharge Vouchers VC |
Revenue | ₹22,948 crore (US$2.7 billion) (2009) |
₹9,305 crore (US$1.1 billion) (2009) | |
₹6,045 crore (US$720 million) (2009) | |
Total assets | ₹102,207 crore (US$12 billion) (2009) |
Total equity | ₹1,032 crore (US$120 million) (2009) |
Number of employees | 31,884 (2009) |
Parent | Reliance Anil Dhirubhai Ambani Group |
Subsidiaries | Reliance Telecom Limited Reliance Globalcom Limited Reliance Tech Services Reliance Communications Infrastructure Limited (RCIL) Reliance Big TV Limited Reliance Infratel Limited |
Website | Reliance Communications |
Reliance Communications (NSE: RCOM, BSE: 532712), formerly known as Reliance Infocomm, along with Reliance Telecom and Flag Telecom, is part of Reliance Communications Ventures (RCoVL). Reliance Communications Limited, founded by Dhirubhai H Ambani (1932–2002), is the flagship company of the Reliance Anil Dhirubhai Ambani Group. The Reliance Anil Dhirubhai Ambani Group currently has a net worth in excess of ₹64,000 crore (US$13.6 billion), cash flows of ₹13,000 crore ($2.8 billion), and a net profit of ₹8,400 crore ($1.8 billion). The Equity Shares of RCOM are listed on Bombay Stock Exchange Limited and National Stock Exchange Limited. The Global Depository Receipts and Foreign Currency Convertible Bonds are listed on Luxembourg Stock Exchange and Singapore Stock Exchange respectively.
Background
It ranks among the top 5 telecommunications companies [1] in the world by number of customers in a single country. Reliance Communications corporate clientele includes 2,100 Indian and multinational corporations, and over 800 global, regional and domestic carriers. The company has established a pan-India, next-generation, integrated (wireless and wireline), convergent (voice, data and video) digital network that is capable of supporting services spanning the entire communications value chain, covering over 24,000 towns and 600,000 villages. Reliance Communications owns and operates the next-generation IP-enabled connectivity infrastructure,[2] comprising over 190,000 kilometers of fiber optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region.
Main subsidiaries
Reliance Telecommunication Limited (RTL)
In July 2007, the company announced it was buying US-based managed ethernet and application delivery services company Yipes Enterprise Services for a cash amount of ₹1200 crore (the equivalent of US$300 million). The deal was announced of the overseas acquisition, the Reliance group has amalgamated the United States-based Flag Telecom for $210 million (roughly ₹950 crore). RTL operates in Madhya Pradesh, West Bengal, Himachal Pradesh, Orissa, Bihar, Assam, Kolkata and Northeast, offering GSM services.[3]
RGL owns the worlds largest private undersea cable system,[4] spanning 65,000 km seamlessly integrated with Reliance Communications. Over 110,000 km of domestic optic fiber provides a robust Global Service Delivery Platform, connecting 40 key business markets in India, the Middle East, Asia, Europe, and the U.S.
Reliance Internet Data Center (RIDC)
RIDC provides Internet Data Center (IDC) services located in Mumbai, Bangalore, Hyderabad and Chennai. Spread across 650,000 sq ft (60,000 m2) of hosting space, it offers IT infrastructure management services to large, medium and small enterprises. It is one of the leading data center service provider in India and provides services like colocation, managed server hosting, virtual private server and data security. It has launched cloud computing services,[5] offering product under its infrastructure as a server (Iaas) and software as a service (Saas) portfolio, which enables enterprises, mainly small and medium, a cost-effective IT infrastructure and application on pay-per-user model.
Reliance Big Tv launched in August 2008[6] and thereafter acquired 1 million subscribers within 90 days of launch,[7] the fastest ramp-up ever achieved by any DTH operator in the world. Reliance Big TV offers its 1.7 million customers DVD-quality pictures on over 200 channels using MPEG-4 technology.
Reliance Infratel Limited (RITL)
RITL’s business is to build, own and operate telecommunication towers, optic fiber cable assets and related assets at designated sites, and to provide these passive telecommunication infrastructure assets on a shared basis to wireless service providers and other communications service providers under long-term contracts.
Acquisition
- FLAG Telecom
- Yipes ethernet service
- Digicable
Offices
Reliance Communications Limited has its offices in Ahmedabad, Bangalore, Bhopal, Chandigarh, Chennai, Hyderabad, Jaipur, Kochi, Kolkata, Lucknow, Patna and Pune.
Subscriber base
The Reliance Communication subscriber base according to COAI - Cellular Operators Association of India is over 105 million. This figure of 105 million is highly doubted by the industry experts:
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References
Reliance launched 3G Service in Delhi, Mumbai, Kolkata & Chandigarh
- ^ "Top 5 Telecom companies in the world ". Retrieved 2010-04-14.
- ^ "The world's largest next generation IP enabled connectivity infrastructure". Retrieved 2010-04-14.
- ^ "TRTL operates in Madhya Pradesh, West Bengal, Himachal Pradesh, Orissa, Bihar, Assam, Kolkata, and Northeast offering GSM services". Retrieved 2010-04-14.
- ^ "Reliance Communications' FLAG Telecom Announces FLAG NGN". Retrieved 2010-04-14.
- ^ http://www.businesswireindia.com/PressRelease.asp?b2mid=20443
- ^ "Big TV launched in August 2008". Retrieved 2010-04-14.
- ^ "BIG TV crosses 1 Million Subscriber Mark Within The 90 Days of Launch". Retrieved 2010-04-14.