This has come as a surprise to me and most of the analysts in the call that Reliance Communications booked revenues by sales of proprietary CDMA handsets as Wireless Revenues. JeeZ!!!! This means actual Wireless Services Revenues far below competitors ? Since Tata Indicom is unlisted, we don’t know aboutContinue Reading
RCom quietly announced its results yesterday [if you run a company and have bad results to announce, do so on a holiday, only if you are worried about huge SELL OFF in your stock] and the numbers look way too ugly. Employees at the Wireless division must be singing Queen’sContinue Reading
If you recall my post on DoCoMo buying stake in Tata Teleservices at a super premium, I had ended the post by saying, Shall we now expect Anil Ambani to strike a deal at higher valuations And ET is reporting today that RCom is looking for a strategic investor toContinue Reading
Reliance Communications, an integrated Telecommunications company today announced its results for the quarter ended June-08. Key highlights of the results and conference call are as follows, Wireless Business [GSM + CDMA] continues to fill the company’s coffers. 18% wireless market share on PAN India basis. Slightly over 50 mn subscribers.Continue Reading
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