Reliance Jio Infocomm Limited (“RJIL”) has signed a definitive agreement for the acquisition of specified assets of Reliance Communications Limited (“RCOM”) and its affiliates.
The acquisition is subject to receipt of requisite approvals from the Governmental and regulatory authorities, consents from all lenders, release of all encumbrances on the said assets and other conditions precedent. The consideration is payable on completion and is subject to adjustments as specified in the agreement.
An asset monetization process for RCOM assets was mandated by the lenders of RCOM, who appointed SBI Capital Markets Limited to run the process. The process is supervised by an independent group of distinguished industry experts. RJIL emerged as the successful bidder in the two-stage bidding process…..Read More
RCOM’s India Enterprise Business unit took the honors at the Frost & Sullivan India Digital Transformation Award 2017 for its pioneering SIP Trunking service in the ‘New Products and Services’ category.
“It is indeed a great honor to be acknowledged for product innovation and services. IP Voice is dramatically changing the contours of voice communications and enterprises are looking at newer ways of minimizing Capex, while seeking better return on investment. Reliance SIP Trunk is one of early game-changers in the transformative journey towards the IP voice ecosystem,” said Bill Barney, Co-CEO, Reliance Communications, and Chairman and CEO of Global Cloud Xchange.
Launched in 2016 by RCOM’s India Enterprise Business, Reliance SIP Trunk is India’s first Enterprise SIP Trunking service to be powered by the IP Multimedia System (IMS). It is a highly scalable IP voice service designed for enterprise use for internal as well as external communications. Unlike traditional telephony that works on “lines”, SIP (Session Initiation Protocol) trunking operates on IP “sessions”.
Reliance is the only operator in India to have designed a nationwide voice network purely to serve the IP voice requirements of enterprises. This architecture enables flexibility and virtually limitless capability to deliver any number of sessions that the customer needs.
“Reliance Communications has been a pioneer in launching India’s first and only Enterprise SIP Trunking service powered by IP Multimedia Sub-system (IMS). Its unique self-care portal for enterprises has equipped organizations with better capabilities to manage their circuits. Its acute focus on developing vertical specific solutions and service assurance capabilities has enabled them to provide enterprises an integrated, seamless product technology platform for a great user experience,” said Benoy CS, Director & Business Unit Head, Digital Transformation, South Asia & Middle East, Frost & Sullivan….
See more at: http://www.varindia.com/news/rcom-wins-frost–sullivan-award-for-enterprise-sip-trunking-service
Reliance Communications (RCOM), India’s leading fully-integrated telecom service provider and Maxis Communications Berhad (MCB), promoters of Aircel, a leading pan-India mobile operator has merged their Indian wireless businesses to create the largest-ever consolidation in the Indian telecom.
The RCOM-Aircel combination will create a strong operator clearly ranked amongst India’s top 4 telcos by customer base and revenues, also ranking amongst the top 3 operators in India by revenues in 12 important circles. The MergedCo will have the second-largest spectrum holding amongst all operators, aggregating 448 MHz across the 850, 900, 1800 and 2,100 MHz bands, and will enjoy enhanced business continuity through extended validity of spectrum holdings till 2033-35….Read More
Reliance Communications (RCOM) and its subsidiary, Global Cloud Xchange (GCX), has appointed Braham Singh as Senior Vice-President, Global Product Management. He will have overall responsibility for the global product portfolio across RCOM India Enterprise and GCX. In addition, he will also manage the company’s National Long Distance (NLD) and Data Center businesses.
Singh has over 30 years of telecom experience, most recently as Vice-President & Senior Advisor for International Business at Hutchison Global Communications (HGC). He also served as head of the company’s OTT Services, where he was instrumental in the development of HGC’s global infrastructure sales, including that for data centers, content delivery network, cloud and cloud connectivity services. Over the years, Singh delivered a solid record in driving HGC’s growth across global markets… See more
Reliance Communications has announced the deployment of Cloud Xchange (Cloud X) nodes in Delhi, Mumbai, Chennai, Bangalore and Hyderabad.
“We will achieve full deployment of our Next-Generation content and Cloud Delivery Network by the end of this year, with – what is a first in India – five fully-operational Cloud Xchange points. These Cloud Xchange nodes can help government departments access 240 times the amount of compute power currently available in Government data centers, and over six times the high-speed storage currently available in India,” said Reliance Group Chairman Anil Dhirubhai Ambani.
Over the past year, one key endeavour of RCOM, and its subsidiary Global Cloud Xchange, has been a strategic realignment of its capabilities to support cloud networking requirements, including self-provisioning of network resources and bandwidth-on-demand. The company’s unique strength in Cloud orchestration stems from its unrivalled national and global network reach, which enable customers to have seamless access to the rapidly-growing public Cloud ecosystem in India, and around the globe…Read more
Reliance Jio Infocomm, Ascend Telecom sign pact for tower sharing
According to the latest update, RJIL, a telecom arm of Reliance Industries, has signed a strategic alliance with mobile tower company Ascend Telecom Infrastructure for the development of 4G network. Under this agreement, the total towers available will reach to about 1,92,500.
Earlier, RJIL already has an agreement with Bharti Airtel, RCom and Viom Network to utilize their infrastructure for 4G development.
According to Sanjay Mashruwala, Managing Director, Reliance Jio Infocomm, “Our partnership with Ascend Telecom is in continuation of our efforts to forge a strategic partnership with key tower infrastructure companies to build a formidable nationwide network.”
Presently, Ascend has over 4,500 mobile towers across the country. The company is getting the capital back from investor firms, including New Silk Route Growth Capital, IL&FS and the TVS Group.It is expected that the company will launch 4G services somewhere around the July – September quarter.