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Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. [ 3 ]
The deal was capped at ₹71.64 crores in cash, which holds 90.5% of the equity share capital of Funtoot. In February 2020, it acquired the rival platform OnlineTyari. [80] [81] Reliance Logistics is a single-window [clarification needed] company selling transportation, distribution, warehousing, logistics, and supply chain-related products.
The big shareholder groups in Reliance Communications Limited (NSE:RCOM) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to ...
Reliance Communications discontinued its wireless voice services on 29 December 2017, but continued its data and B2B services until 2018. Reliance Communications filed for bankruptcy as it was unable to sell its assets to Jio and closed its operations under mobile network division on 26 February 2019.
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Acquired by Reliance Communications Videocon Telecom: 2010 [23] 2016 Shut down following sale of spectrum to Airtel [24] [25] MTS: 2009 2017 Acquired by Reliance Communications [26] Aircel: 1999 2018 Bankrupt [27] Telenor: 2006 2018 Acquired by Airtel [28] Idea Cellular: 2002 2018 Merged with Vodafone India to form Vodafone Idea [29] [30 ...
Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was ...