Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  NATIONAL STOCK EXCHANGE OF INDIA  >  Reliance Communications Ltd    RCOM   INE330H01018

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Reliance Communications Ltd. : Reliance Communications Names Gurdeep Singh President, CEO For Wireless Business

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/30/2012 | 12:08pm CET

Reliance Communications Ltd. (532712.BY) Wednesday named the former operating chief of Aircel Ltd., Gurdeep Singh, as the president and chief executive of its wireless business.

The division was previously headed by Syed Safawi, who left the Indian mobile-phone operator in February when his contract as the president of the company's largest arm wasn't renewed.

Singh will also be a member of Reliance Communications' management board, the flagship company of the Reliance Group, headed by billionaire Anil Ambani, said in a statement. Singh had left Aircel in January.

Singh's appointment comes at a time when Reliance Communication's performance has been under pressure due to intense competition--which kept call charges very low--and high interest costs on the debt it took in 2010 to buy bandwidth and expand network. It has been trying to sell stakes in itself and some units to raise funds to repay debt of more than $6 billion, but hasn't been successful.

-By Dhanya Ann Thoppil, Dow Jones Newswires; +91-9886929464; dhanya.thoppil@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RELIANCE COMMUNICATIONS LT
01/13 RELIANCE COMMUNICATIONS : Aircel to seek clarity on deal with airtel, rcom
01/06 RELIANCE COMMUNICATIONS : RCom - Aircel deal to be cold shouldered by SC's stand..
01/06 RELIANCE COMMUNICATIONS : 2 promoter entities pledge 110 million shares of rcom
01/02 ULTRATECH CEMENT : M&As SET $81-BILLION RECORD IN 2016
2016 RCOM RATING ON REVIEW FOR DOWNGRADE : Moody's
2016 ANNOUNCEMENT : Moody's: RCOM's ratings remain under review despite binding agree..
2016 RELIANCE COMMUNICATIONS : Rcom to use $1.6 billion from brookfield deal to pare ..
2016 RELIANCE COMMUNICATIONS : RCom signs pact with Brookfield Infra for sale of towe..
2016DJRELIANCE COMMUNICATIONS : to Sell Tower Business for $1.6 Billion
2016 RELIANCE COMMUNICATIONS : India's Reliance Comm signs binding pact with Brookfie..
More news
Sector news : Wireless Telecom
01/16DJEricsson-Cisco Partnership Gets Vodafone Hutchison Australia Contract
01/13DJAT&T : Video-Streaming Service Recovers From Outage
01/12 AT&T : Trump meets with AT&T CEO, others
01/12DJAT&T : Chief Meets With President-Elect Trump Regarding Time Warner Deal -- Upda..
01/12DJAT&T : Chief to Meet With President-Elect Trump Regarding Time Warner Deal
More sector news : Wireless Telecom
Advertisement
Financials ( INR)
Sales 2017 212 649 M
EBIT 2017 29 958 M
Net income 2017 3 613 M
Debt 2017 422 614 M
Yield 2017 3,52%
P/E ratio 2017 30,14
P/E ratio 2018 24,21
EV / Sales 2017 2,36x
EV / Sales 2018 2,24x
Capitalization 78 652 M
More Financials
Chart RELIANCE COMMUNICATIONS LT
Duration : Period :
Reliance Communications Lt Technical Analysis Chart | RCOM | INE330H01018 | 4-Traders
Full-screen chart
Technical analysis trends RELIANCE COMMUNIC...
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 17
Average target price 43,3  INR
Spread / Average Target 37%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Gurdeep Singh Co-Chief Executive Officer
William L. Barney Co-Chief Executive Officer
Anil Dhirubhai Ambani Chairman
Manikantan Iyer Chief Financial Officer
Deepak Haridev Shourie Lead Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
RELIANCE COMMUNICATION..-8.09%1 156
BHARTI AIRTEL LIMITED4.99%18 720
MTN GROUP LIMITED1.31%17 758
DIGI.COM BHD--.--%8 526
FAR EASTONE TELECOMMUN..--.--%7 669
VIMPELCOM LTD (ADR)3.12%6 974
More Results