Reliance Communications

By: EconomyWatch   Date: 17 July 2010

About The Author

EconomyWatch

The core Content Team our economy, industry, investing and personal finance reference articles.

EconomyWatch, Content Team

 

  • Dot Div
  •      



Reliance Communications is an integrated, convergent high capacity digital network, connecting people at affordable rates. Ranked #846 in 2008 Forbes Global 2000 list of companies, this telecommunication services company was a Dhirubhai Ambani brain child.
Late Dhirubhai Ambani had a vision of making tools of communication available to commoners thereby allowing them to overcome barriers of mobility. Likewise, Reliance Communications is capable of delivering services covering entire gamut of information and communication value chain. Their products and services include infrastructure setting, applications and consultancy.

Brief history
Reliance Communications was set up as Reliance Infocomm in 1999 and from 2000 onwards laying of optical fibers started in Maharashtra, Gujarat and Andhra Pradesh. Reliance Infocomm was inaugurated in 2002 and first of interconnect (POI) was established in New Delhi in same year. Also in that year, Reliance Communications commissioned their 1st optic fiber backbone. In 2005, this company launched global roaming facility and CDMA services. Reliance Communications was formed in 2006 and listed in Bombay and National stock exchanges.

Products and services
Reliance Communications services may be differentiated into ‘consumer’ service and ‘enterprise’ service.

- Consumer services offered by Reliance Communications include mobile service, wireless terminal and phone, Reliance landline, ‘netconnect’, broadband connection, BlackBerry, and Reliance IPTV
- Enterprise services of Reliance Communications comprise audio conference, office centrex, video conferencing, internet data center (IDC), BlackBerry, broadband services, and public call operator.

Financials
In 2007, Reliance Communications achieved sales of around US $3.13 billion and generated profits of about US $0.65 billion. Total assets held by Reliance Communications amounted to around US $13.08 billion.

Awards and recognition
In 2005, Reliance Communications' R World won prestigious Asian MobileNews Award in Singapore.



  • Dot Div
  •      
blog comments powered by Disqus