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 CEST

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
03/26 RELIANCE COMMUNICATIONS : Quarterly results - reliance communications limited
03/20 RELIANCE COMMUNICATIONS : RCom receives approval for demerger into Aircel
03/16 RELIANCE COMMUNICATIONS : RCom gets approval for Aircel merger
03/16 RELIANCE COMMUNICATIONS : Markets regulator gives nod for rcom-aircel merger
03/16 RELIANCE COMMUNICATIONS : Jio reliance? sun sets on rcom as a consumer brand
03/15 RELIANCE COMMUNICATIONS : Demerger of RCom’s wireless business into Aircel..
03/12 RELIANCE COMMUNICATIONS : Rel Comm provokes ongoing traffic fire by announcing n..
03/11 RELIANCE COMMUNICATIONS : RCOM OFFERS 1 GB DATA AT Rs49
03/11 DATA PITCH : RCOM OFFERS 1GB FOR Rs49 TO NEW 4G CUSTOMERS
02/25 VODAFONE : India’s telcos join forces for influence
More news
Sector news : Wireless Telecom
03/29 British business navigates rocky path to Brexit
03/28 Ericsson's provisions raise concern over health of business
03/28 Ericsson's provisions raise concern over health of business
03/27DJForeign Investors Flock to Iran as U.S. Firms Watch on the Sidelines -- Updat..
03/27DJForeign Investors Flock to Iran as U.S. Firms Watch on the Sidelines
More sector news : Wireless Telecom
Advertisement
Financials ( INR)
Sales 2017 208 191 M
EBIT 2017 25 448 M
Net income 2017 -1 938 M
Debt 2017 419 374 M
Yield 2017 0,23%
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 2,47x
EV / Sales 2018 2,38x
Capitalization 94 955 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
TrendsNeutralNeutralBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 15
Average target price 41,6  INR
Spread / Average Target 9,0%
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..12.94%1 462
BHARTI AIRTEL LIMITED11.24%21 232
MTN GROUP LIMITED-2.41%17 802
DIGI.COM BHD--.--%9 085
FAR EASTONE TELECOMMUN..--.--%8 063
TURKCELL ILETISIM HIZM..14.98%7 223
More Results