Member access

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 - 03/03
65.9 INR   +0.15%
02/23 RELIANCE COMMUN : Rcom, Avaya Partner for Technology Upgrade
02/18DJIndia's Cut-Price Smartphones Revenue Up Telecom Profits
01/28DJIndia Sets Prices for 3G Frequency Auctions
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
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
Latest news on RELIANCE COMMUNICATIONS LT
02/26 RELIANCE COMMUNICATIONS : Football body dashes off letter to civic chief
02/26 TELCOS DEPOSIT Rs20,435 CRORE EARNEST MONEY FOR AUCTION
02/23 RELIANCE COMMUNICATIONS : Rcom, Avaya Partner for Technology Upgrade
02/21 SPECTRUM WAR : Reliance Jio puts in the maximum earnest money
02/19 Spectrum of possibilities
02/19 Reliance jio upsets telcos' auction plans
02/19 RELIANCE COMMUNICATIONS : Rcom partners with twitter
02/19 SPECTRUM : TELCOS DEPOSIT Rs20,435 CRORE
02/18 Airtel, rcom, vodafone, 5 others to slug it out in auction
02/18DJIndia's Cut-Price Smartphones Revenue Up Telecom Profits
Advertisement
Chart
Duration : Period :
Reliance Communications Lt Technical Analysis Chart | RCOM | INE330H01018 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF