Log in
Lost password
Become a member for free
Sign up
Sign up
Dynamic quotes 

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

End-of-day quote. End-of-day quote NATIONAL STOCK EXCHANGE OF INDIA - 06/30
61.95 INR   +0.32%
06/15DJReliance Communications in Merger Talks With Sistema Shyam Telese..
05/21 RELIANCE COMMUN : May Acquire Sistema Shyam TeleServices
05/14DJCorrection to Asia Debt Market Article on Monday
News SummaryMost relevantAll newsSector news 

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

02/21/2012 | 12:44am US/Eastern

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.
React to this article
06/27 Broadband subscriber market share released by TRAI
06/20 RELIANCE COMMUNICATIONS : Telecom firm fined Rs 28K for false bill
06/19 IDEA CELLULAR : DoT to deal with M&As on case-by-case basis
06/18 RELIANCE COMMUNICATIONS : to expand 3G sites this year
06/18 RELIANCE COMMUNICATIONS : brings special deal portal for pre-paid GSM users
06/18 RCom-SSTL merger plans highlight ambiguous rules
06/17 AFK SISTEMA : Reliance Communications, Sistema Shyam in merger talks
06/16 AFK SISTEMA : Reliance and Sistema in talks to merge telecom businesses in India
06/16 RELIANCE COMMUNICATIONS : 3 Reasons Why Reliance Communication & Sistema Shyam M..
06/16 AFK SISTEMA : RCom gives a ring to Sistema
Duration : Period :
Reliance Communications Lt Technical Analysis Chart | RCOM | INE330H01018 | 4-Traders
Income Statement Evolution
More Financials