Jan 30, 2018 01:08 PM IST
From April 1, it would be a restructured company without any legacy and hopefully RCom would be in black by then, said Punit Garg, Executive Director, Reliance Communications.
- Feb 13, 2017 12:34 PM IST
In an interview with CNBC-TV18, Gurdeep Singh, CEO-Consumer Business, Reliance Communication said that it was a difficult quarter for the telecom industry given the unprecedented competition intensity.
- Feb 11, 2017 06:47 PM IST
Idea cellular, which is Aditya Birla group‘s flagship telecom venture has posted one of the worst quarterly results since its listing. It has clocked in losses of Rs 385.5 crores in the third quarter. Prakash Diwan of Altamount Capital says that the stock will slip when the market opens on Monday morning.
- Sep 14, 2016 11:52 AM IST
Reliance Communications' first quarter profit is seen falling 20.9 percent sequentially to Rs 140 crore and revenue declining 1.5 percent to Rs 5,535 crore, according to average of estimates of analysts polled by CNBC-TV18.
- May 30, 2016 08:39 AM IST
Revenue is seen rising 3.8 percent to Rs 5,479 crore on sequential basis. Operating profit may increase 3.5 percent to Rs 1,845 crore but margin may be flat at 33.67 percent QoQ.
- May 03, 2016 07:46 PM IST
SP Tulsian in an interview to CNBC-TV18 shared his fundamental view on stocks that posted earnings like TVS Motors, ICICI Bank, MRF, CCL and others.
- Jan 21, 2016 01:23 PM IST
Profit in Q3 is likely to grow 15.4 percent sequentially to Rs 180 crore and revenue may increase 2.5 percent to Rs 5,490 crore, according to average of estimates of analysts polled by CNBC-TV18.
- Nov 05, 2015 02:56 PM IST
Analysts don't expect any operational improvement. Focus is on its deleveraging plans as Reliance Communications is going to acquire Sistema Shyam Teleservices (SSTL) without assuming ex-spectrum debt on SSTL‘s books in stock deal.
- Aug 17, 2015 01:02 PM IST
Gurdeep Singh, Chief Executive Officer, Consumer Business, Reliance Communications told CNBC-TV18 that the company is focusing on debt reduction through internal accruals and sale of global assets.
- Aug 13, 2015 04:31 PM IST
Key factors to watch out for would be its commentary on the progress of sale of non-core assets (towers etc.) to deleverage the balance sheet and merger with Sistema. It has debt of USD 6 billion at the of March quarter.
- May 29, 2015 06:33 PM IST
Reliance Communications's fourth quarter profit after tax is expected to jump 34.2 percent sequentially to Rs 270 crore and total income is seen rising 2.4 percent to Rs 5,600 crore, according to a CNBC-TV18 poll.
- Feb 16, 2015 11:54 AM IST
In an interview to CNBC-TV18, Gurdeep Singh, CEO, Consumer Business, Reliance Communications, says he sees tariffs increasing and expects revenue per minute to firm up.
- Nov 17, 2014 12:25 PM IST
Gurdeep Singh, CEO, Consumer Business of Reliance Communications is confident of easing its debt to Rs 25,000 crore by March 2016. However, full quarter impact of debt reduction will reflect in Q3.
- Feb 10, 2014 01:41 PM IST
The company‘s focus on profitable minutes, instead of â€œfreeâ€ minutes that telecom companies liberally offer to consumers paid off for the business, Singh said, pointing to the improvement in the company‘s operating profit, which jumped 11.6 percent.
- Feb 10, 2014 10:07 AM IST
Reliance Communications reported its Q3 earnings which were lower than what the street was estimating.
- Feb 07, 2014 10:55 AM IST
On adjusted basis, operating profit margin is expected to be at 35.3 percent versus 35 percent and PAT is seen going up 15 percent at Rs 270 crore in Q3FY14 on sequential basis.
- Nov 12, 2013 11:05 AM IST
Sales of Reliance Communications are expected to decrease by 1.2 percent Q-o-Q (up 2.8 percent Y-o-Y) to Rs 5345.8 crore, according to Motilal Oswal.
- Nov 11, 2013 06:36 PM IST
Seasonality will also result in muted revenue growth for the company. According to a CNBC-TV18 poll, total revenues are expected to go up 1.2 percent sequentially to Rs 5,475 crore and profit after tax is likely to be flat at Rs 108 crore in the quarter gone by, compared to Rs 108.4 crore in June quarter.
- Aug 02, 2013 01:26 PM IST
In an interview to CNBC-TV18, Gurdeep Singh, President & CEO-Wireless Business of Reliance Communications spoke about company's results for Q1 of FY14.
- Jul 31, 2013 07:06 PM IST
Reliance Communications' earnings before interest, tax, depreciation & amortisation (EBITDA) may fall to Rs 1,749 crore from Rs 2,218 crore and operating profit margin is likely to decline sharply to 31.55 percent from 37.2 percent quarter-on-quarter, according to a CNBC-TV18 poll.
- May 13, 2013 11:36 AM IST
RCom is also betting on more network-sharing deals with Reliance Industries, controlled by Anil Ambani's older brother, Mukesh, India's richest man, which is readying a nationwide 4G network, after a pact to lease out its inter-city fibre optics network.
- May 11, 2013 03:05 PM IST
Balrampur Chini, Reliance Communication are a miss whereas Apollo Tyres, Central Bank, Essar OIl are a hit for SP Tulsian.
- Apr 16, 2013 12:35 PM IST
Angel Broking has come out with its earnings estimates on telecom sector for the March quarter FY13. The research firm expects revenue growth to be modest on the back of increase in MOU and inch up in voice ARPM, although there could be a slight decline in subscriber base.
- Feb 01, 2013 01:31 PM IST
Bharti Airtel's profit falls 61 percent QoQ to Rs 284 crore for the quarter ending December. Sanjay Chawla of JM Financial said that the numbers are totally in-line with expectation.
- Jan 24, 2013 11:51 AM IST
India‘s third largest mobile phone carrier in terms of customer base, Reliance Communications, reported a marginal rise in its consolidated net profit to Rs 105 crore in the third quarter of financial year 2012-13 from Rs 102 crore in the previous quarter.