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 Talking To 4 Companies To Hand Out $3 Billion Network Management Contract - Source

share with twitter share with LinkedIn share with facebook
share via e-mail
0
02/21/2012 | 06:44am CEST

Reliance Communications Ltd. [532712.BY] is in talks with four companies for a $3 billion contract to manage its mobile phone networks, a person with direct knowledge of the development said Tuesday.

The telecom company, part of the Reliance Group owned by billionaire Anil Ambani, is speaking with L.M. Ericsson Telephone Co. [ERIC], Alcatel-Lucent [ALU] as well as China's ZTE Corp. [ZTCOY] and Huawei Technologies Co., the person told Dow Jones Newswires.

"Reliance Communications plans to finalise the contract in the next month, month-and-a-half," the person said.

Executives at the Indian units of Huawei, ZTE, Alcatel-Lucent and Ericsson couldn't immediately be reached for comment.

Reliance Communications is India's second-largest mobile phone company with more than 150 million subscribers.

--By R. Jai Krishna, Dow Jones Newswires; +91-9967586928; romit.guha@dowjones.com

Stocks mentioned in the article : ALCATEL-LUCENT, ZTE Corporation, Reliance Communications Ltd.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RELIANCE COMMUNICATIONS LT
08/17 RELIANCE COMMUNICATIONS : Rcom's one-year 2g prepaid plan
08/15 RELIANCE COMMUNICATIONS : Nclt admits rcom-aircel mega merger petition
08/10 Bharti, vodafone top list of towers exceeding radiation limit
08/04 RELIANCE COMMUNICATIONS : Nclt to rule on merger of rcom, aircel on aug 10
08/03 RELIANCE COMMUNICATIONS : RCom tanks 6% on back of proposed merger with RCom-Air..
08/03 RCOM, AIRCEL DEAL AFTER SC NOD : DoT
08/01 RELIANCE COMMUNICATIONS : Close to sealing sistema deal
07/31 RELIANCE COMMUNICATIONS : Rcom-aircel deal on sticky wicket
07/31 RELIANCE COMMUNICATIONS : DoT introduces new hurdle for RCOM/Aircel merger
07/31 RELIANCE COMMUNICATIONS : Rcom clears barrier in sistema merger
More news
Financials ( INR)
Sales 2018 173 940 M
EBIT 2018 -3 029 M
Net income 2018 -20 658 M
Debt 2018 448 020 M
Yield 2018 0,60%
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 2,91x
EV / Sales 2019 3,14x
Capitalization 57 744 M
Chart RELIANCE COMMUNICATIONS LT
Duration : Period :
Reliance Communications Lt Technical Analysis Chart | RCOM | INE330H01018 | 4-Traders
Technical analysis trends RELIANCE COMMUNICATIONS LT
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 8
Average target price 27,9  INR
Spread / Average Target 20%
EPS 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
Sector and Competitors
1st jan.Capitalization (M$)
RELIANCE COMMUNICATIONS LTD-31.62%901
BHARTI AIRTEL LIMITED33.60%25 967
MTN GROUP LIMITED-0.40%17 991
SAFARICOM LIMITED--.--%9 322
DIGI.COM BHD--.--%8 742
TURKCELL ILETISIM HIZMETLERI A.S.--.--%8 005