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Reliance Communication history
Reliance Communication company history timeline
Reliance Communications Ltd was incorporated on July 15 2004 as a private limited company with the name of Reliance Infrastructure Developers Pvt Ltd.
In July 25 2005 the company was converted into public limited company and the name was changed to Reliance Infrastructure Developers Ltd.
In August 3 2005 they further changed their name to Reliance Communication Ventures Ltd.In August 11 2005 the equity shares of the company were acquired by Reliance Industries Ltd and thus the company became the wholly owned subsidiary of Reliance Industries Ltd.
In June 7 2006 the name of the company was changed from Reliance Communication Ventures Ltd to Reliance Communications Ltd.
The company introduced its GSM service in 2008.
On 1 July 2010, The board of Reliance Communications confirmed about the acquisition of Digicable India's largest cable network in all-stock deal.
In the 2010 spectrum auction, Reliance obtained licenses for 3G spectrum in three cities at a total licensing fee of ₹ 58,642.9 million.
It became Reliance Communications Limited in 2006. It began using MIMO technology in 2011 to improve the quality of its 3G service, providing a data rate of up to 28 Mbit/s.
Reliance and Lenovo introduced their co-branded Android smartphones in India in 2013.
In 2013, RCom signed a multi-year managed services agreement (MSA) with Ericsson to manage services of wireline and wireless network of 100,000 km of fiber and mobile infrastructure in 11 telecom circles in India.
Reliance Globalcom delivers first circuit to Mobily on newly launched Hawk cable system -Reliance Communications partners with Twitter in India.In 2014 Reliance launches 'Free Facebook Fridays'. RCOM Launches Disruptive Hi-Speed Unlimited Data Plans.
Assam Bihar Himachal Pradesh Madhya Pradesh North East Odisha and West Bengal which is effective from December 12 2015.
R Com expands 3G services to 18 circles.In 2015 Reliance Communications Realigns Business Units Expands Role of Global Cloud Xchange.
SUC for Spectrum acquired in auction of October 2016 is to be charged at the rate of 3% of Adjusted Gross Revenue (AGR) excluding the revenue from wire-line services. ii.
In April 2017, Reliance laid off 600 employees in preparation for its mergers with MTS and Aircel.
By September 2017, Ericsson terminated the MSA and approached the NCLT to recover dues of Rs 1100 crores.
In 2017 that partnership also extended to providing connectivity solutions to Alibaba Cloud on their India expansion initiatives.
The Supreme Court reviewed the matter in August 2018 and ordered RComm to pay up Rs 550 crore to Ericsson by 30 September.
In February 2019, the Supreme court has held Anil Ambani and three others guilty of contempt of court and directed them to make payments by 19 March.
During 2020, a consortium of companies is bidding upwards of $200 Million USD to buy the assets of Reliance Communications.
At 1.79 million, demat accounts opened in June fewest since Feb 2021
Asian Fertilizers Ltd - Statement Of Investor Complaints For The Quarter Ended June 2022
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Reliance Communication competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Virgin Media | 2006 | $5.3B | 14,004 | - |
| BT Group | 1950 | $27.2B | 99,700 | 9 |
| Verizon Data Services Inc | - | $262.3M | 3,800 | - |
| TracFone Wireless | 1996 | $210.0M | 401 | - |
| mGage | 2009 | $8.5M | 240 | - |
| Zultys | 2001 | $3.6M | 40 | - |
| Integrated Wireless Solutions | - | $8.0M | - | 1 |
| Wi-Fi Alliance | 1999 | $50.0M | 23 | 2 |
| Comlinkdata | 2010 | $3.2M | 74 | - |
| Ellacoya Networks | 1998 | $1.7M | 13 | - |
Reliance Communication history FAQs
Zippia gives an in-depth look into the details of Reliance Communication, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Reliance Communication. The employee data is based on information from people who have self-reported their past or current employments at Reliance Communication. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Reliance Communication. The data presented on this page does not represent the view of Reliance Communication and its employees or that of Zippia.
Reliance Communication may also be known as or be related to Reliance Communication, Reliance Communications and Reliance Communications, LLC.