Is Reliance Communications a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Reliance Communications Ltd is a below average quality company .

Is Reliance Communications undervalued or overvalued?

The key valuation ratios of Reliance Communications Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Reliance Communications share price return in the past 10 years?

Reliance Communications Ltd share price has declined -33.2% annually (CAGR) over the past ten years.

Is Reliance Communications a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Reliance Communications Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Reliance Communications?

The latest standalone P/E ratio of Reliance Communications as of 18-Nov-2024 is 0.00.

What is the P/B ratio of Reliance Communications?

The latest standalone P/B ratio of Reliance Communications as of 18-Nov-2024 is -0.01.

What is the 52-week high and low of Reliance Communications?

The 52-week high of Reliance Communications is Rs. 2.59 and the 52-week low is Rs. 1.47.

Reliance Communications Ltd - Stock Valuation and Financial Performance

Name: Reliance Communications
Brand: Reliance Communications

BSE: 532712 | NSE: RCOM | Telecommunication - Service Provider | Small Cap

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Reliance Comm Share Price

₹1.93 0.00 0.00%
as on 18-Nov'24 16:59

10 Year X-Ray of Reliance Comm:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	4.6%	0.7%	-6.3%	-18.6%	14.8%	-151.6%	-5.6%	0%	0%	0%	-
Value Creation Index ⓘ	-0.6	-1.0	-1.5	-2.4	0.1	NA	NA	NA	NA	NA	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	11,925	9,993	3,537	2,231	1,379	818	483	345	332	290	282
Sales YoY Gr.	-	-16.2%	-64.6%	-36.9%	-38.2%	-40.7%	-41%	-28.6%	-3.8%	-12.7%	-
Adj EPS ⓘ	-9.1	-1.5	-7.2	-35.7	-12.4	-163.7	-1	-0.8	-0.4	-1.6	-0.5
YoY Gr.	-	NA	NA	NA	NA	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	143.4	110.3	96.8	33.7	44.8	-119.1	-136.8	-157.1	-195.3	-220.8	-221.1
Adj Net Profit ⓘ	-2,252	-372	-1,796	-9,870	-3,429	-45,260	-279	-228	-115	-444	-149
Cash Flow from Ops. ⓘ	3,332	5,164	-241	-1,554	270	67	-12	47	-46	1	-
Debt/CF from Ops. ⓘ	9.5	6.7	-151.8	-23.1	147.9	596	-3327.8	849.7	-868.1	39934	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-33.8%	-26.8%	-15.6%	-12.7%
Adj EPS ⓘ	NA	NA	NA	NA
BVPSⓘ	-204.9%	-237.6%	NA	NA
Share Price	-33.2%	25.1%	-12.3%	6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-6.7	-1.2	-7	-59.1	-31.6	440.3	0.8	0.6	0.2	0.8	0.2
Op. Profit Mgn % ⓘ	13.9	21.3	-102.9	-433.4	-29.4	-192.8	-32.7	-25.2	6	-11.7	-16.7
Net Profit Mgn % ⓘ	-18.9	-3.7	-50.8	-442.4	-248.6	-5533	-57.7	-66	-34.6	-153	-53
Debt to Equity ⓘ	0.9	1.3	1.5	3.9	3.2	-1.2	-1.1	-0.9	-0.7	-0.7	-
Working Cap Days ⓘ	81,402	44,156	1,757	4,112	8,650	14,547	23,964	33,299	34,492	39,255	20,257
Cash Conv. Cycle ⓘ	-51	-105	-195	-222	-305	-584	-1,452	-2,081	-3,005	-3,203	-47,420

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.20%

Sales growth has been subdued in last 3 years -15.64%

Sales growth is not so good in last 4 quarters at -10.76%

Latest Financials - Reliance Communications Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-0.5	-31.4
TTM Sales (₹ Cr.)	282	371
BVPS (₹.) ⓘ	-221.1	-297.2
Reserves (₹ Cr.) ⓘ	-62,529	-83,563
P/BV ⓘ	-0.01	-0.01
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	1.47 / 2.59
All Time Low / High (₹)	0.55 / 844.00
Market Cap (₹ Cr.)	534
Equity (₹ Cr.)	1,382.8
Face Value (₹)	5
Industry PE ⓘ	67.1

Management X-Ray of Reliance Comm:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

64.28

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Reliance Comm

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Reliance Comm

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	11,925	9,993	3,537	2,231	1,379	818	483	345	332	290
Operating Expenses ⓘ	10,269	7,878	7,176	11,900	1,785	2,506	641	481	405	352
Manufacturing Costs	8,294	6,965	2,906	1,631	889	705	404	236	151	160
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	269	190	37	28	143	105	82	61	45	35
Other Costs ⓘ	1,706	723	4,233	10,241	753	1,696	155	184	209	157
Operating Profit ⓘ	1,656	2,115	-3,639	-9,669	-406	-1,688	-158	-136	-73	-62
Operating Profit Margin (%)	13.9%	21.2%	-102.0%	-433.0%	-29.4%	-206.0%	-32.7%	-39.4%	-22.0%	-21.4%
Other Income ⓘ	335	321	0	0	722	2	38	4	9	8
Interest ⓘ	1,680	2,049	0	0	831	397	0	0	0	0
Depreciation ⓘ	1,940	2,014	216	200	277	183	132	130	116	112
Exceptional Items ⓘ	2,969	0	0	0	7,197	-43,072	0	0	0	-991
Profit Before Tax ⓘ	1,340	-1,627	-3,855	-9,869	6,405	-45,338	-252	-262	-180	-1,157
Tax ⓘ	1,494	-1,248	-2,059	1	3,558	0	0	0	0	0
Profit After Tax	-154	-379	-1,796	-9,870	2,847	-45,338	-252	-262	-180	-1,157
PAT Margin (%)	-1.3%	-3.8%	-50.8%	-442.0%	206.5%	-5,542.5%	-52.2%	-75.9%	-54.2%	-399.0%
Adjusted EPS (₹)	-0.6	-1.5	-7.2	-35.7	10.3	-163.0	-0.9	-1.0	-0.7	-4.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	35,871	27,450	24,084	9,316	12,386	-32,946	-37,834	-43,450	-54,011	-61,080
Share Capital ⓘ	1,244	1,244	1,244	1,383	1,383	1,383	1,383	1,383	1,383	1,383
Reserves ⓘ	34,627	26,206	22,840	7,933	11,003	-34,329	-39,217	-44,833	-55,394	-62,463
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	27,166	27,990	26,557	27,954	28,335	28,340	28,340	28,341	28,341	28,341
Long Term Debt	25,977	24,334	18,629	9,359	0	0	0	0	0	0
Short Term Debt	1,189	3,656	7,928	18,595	28,335	28,340	28,340	28,341	28,341	28,341
Trade Payables	4,385	3,877	2,435	3,110	2,730	3,014	2,844	2,807	3,040	3,091
Others Liabilities ⓘ	23,90,747	13,245	17,255	12,011	18,631	46,809	51,436	56,802	62,925	68,856
Total Liabilities ⓘ	24,58,169	72,562	70,331	52,391	62,082	45,217	44,786	44,500	40,295	39,208
Fixed Assets
Gross Block	57,687	44,525	49,283	5,715	4,777	4,786	4,792	4,829	4,831	4,835
Accumulated Depreciation	25,355	18,323	20,735	3,485	3,108	3,291	3,423	3,553	3,669	3,781
Net Fixed Assetsⓘ	32,332	26,202	28,548	2,230	1,669	1,495	1,369	1,276	1,162	1,054
CWIP ⓘ	631	7,970	1,196	160	98	97	100	61	60	55
Investmentsⓘ	22,422	21,802	21,689	17,784	26,742	11,496	11,496	11,496	7,496	6,857
Inventories	201	119	108	64	61	32	28	1	2	2
Trade Receivables	1,334	1,177	1,636	1,672	1,527	253	145	75	82	100
Cash Equivalents	572	792	643	201	225	274	255	284	213	228
Others Assetsⓘ	24,00,677	14,500	16,511	30,280	31,760	31,570	31,393	31,307	31,280	30,912
Total Assets ⓘ	24,58,169	72,562	70,331	52,391	62,082	45,217	44,786	44,500	40,295	39,208

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	3,332	5,164	-241	-1,554	270	67	-12	47	-46	1
PBT ⓘ	1,340	-1,627	-3,855	-9,869	6,405	-45,333	-4,889	-5,617	-10,561	-7,069
Adjustment ⓘ	367	3,839	4,294	9,084	-6,443	17,304	502	639	4,916	1,665
Changes in Working Capital ⓘ	1758	2902	-702	-799	292	28176	4114	4985	5599	5403
Tax Paid ⓘ	-133	50	22	30	16	-80	261	40	0	2
Cash Flow From Investing Activity ⓘ	-4,391	-5,290	316	3,974	95	-6	-6	-20	-24	10
Capex	-1,383	-13,345	1,003	-157	484	-8	-9	-26	1	1
Net Investments	-1,423	4	563	174	23	0	0	0	-1	-4
Others ⓘ	-1,585	8,051	-1,250	3,957	-412	2	3	6	-24	13
Cash Flow From Financing Activityⓘ	1,466	-187	249	-2,528	-327	-12	0	1	0	0
Net Proceeds from Shares ⓘ	6,071	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	918	467	-1,135	-487	0	0	0	0	0	0
Interest Paid ⓘ	-2,552	-3,017	-2,741	-928	-562	-17	0	0	0	0
Dividend Paid ⓘ	-1	-2	-2	0	0	0	0	0	0	0
Others ⓘ	-2,970	2,365	4,127	-1,113	235	5	0	1	0	0
Net Cash Flow ⓘ	407	-313	324	-108	38	49	-18	28	-70	11

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-0.46	-1.2	-6.97	-59.1	26.24	N/A	N/A	N/A	N/A	N/A
ROCE (%)	4.56	0.65	-6.28	-18.64	14.84	N/A	N/A	N/A	N/A	N/A
Asset Turnover Ratio	0	0.01	0.05	0.04	0.02	0.02	0.01	0.01	0.01	0.01
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	0.09	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	51	46	145	271	423	397	150	116	86	115
Inventory Days	7	6	12	14	17	21	23	15	2	3
Payable Days	0	0	0	0	0	0	0	0	0	0

Reliance Communications Ltd Stock News

Reliance Communications Ltd FAQs

What is the share price of Reliance Comm?

Company share prices are keep on changing according to the market conditions. The closing price of Reliance Comm on 18-Nov-2024 16:59 is ₹1.93.

What is the market cap of Reliance Comm?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 18-Nov-2024 16:59 the market cap of Reliance Comm stood at ₹533.8.

What is the P/E ratio of Reliance Comm?

The latest P/E ratio of Reliance Comm as of 18-Nov-2024 16:59 is 0.00.

What is the P/B ratio of Reliance Comm?

The latest P/B ratio of Reliance Comm as of 18-Nov-2024 16:59 is -0.01.

What is the 52-week high and low of Reliance Comm?

The 52-week high of Reliance Comm is ₹2.59 and the 52-week low is ₹1.47.

What is the TTM revenue of Reliance Comm?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Reliance Comm is ₹282.0 ( Cr.) .

About Reliance Communications Ltd

Reliance Communications is the flagship company of the Anil Dhirubhai Ambani Group (ADAG) of companies. Listed on the National Stock Exchange and the Bombay Stock Exchange, it is Indiaâ€™s leading integrated telecommunication company with over 85 million customers.

The Late Dhirubhai Ambani dreamt of a digital India - an India where the common man would have access to affordable means of information and communication. Dhirubhai, who single-handedly built Indiaâ€™s largest private sector company virtually from scratch, had stated as early as 1999: â€œMake the tools of information and communication available to people at an affordable cost. They will overcome the handicaps of illiteracy and lack of mobility.â€

It was with this belief in mind that Reliance Communications (formerly Reliance Infocomm) started laying 60,000 route kilometres of a pan-India fibre optic backbone. This backbone was commissioned on 28 December 2002, the auspicious occasion of Dhirubhaiâ€™s 70th birthday, though sadly after his unexpected demise on 6 July 2002.

Reliance Communications has a reliable, high-capacity, integrated (both wireless and wireline) and convergent (voice, data and video) digital network. It is capable of delivering a range of services spanning the entire infocomm (information and communication) value chain, including infrastructure and services â€” for enterprises as well as individuals, applications, and consulting.Today, Reliance Communications is revolutionising the way India communicates and networks, truly bringing about a new way of life.

RComâ€™s business encompasses a complete range of telecom services covering mobile and fixed line telephony. It includes broadband, national and international long distance services and data services along with an exhaustive range of value-added services and applications. The company's constant endeavour is to achieve customer delight by enhancing the productivity of the enterprises and individuals it serve.

Reliance Mobile (formerly Reliance India Mobile), launched on December 28, 2002, coinciding with the joyous occasion of the late Dhirubhai Ambaniâ€™s 70th birthday, was among the initial initiatives of Reliance Communications. It marked the auspicious beginning of Dhirubhaiâ€™s dream of ushering in a digital revolution in India. Today, we can proudly claim that we were instrumental in harnessing the true power of information and communication, by bestowing it in the hands of the common man at affordable rates.

Business area of the company:

The company is mainly engaged into the businesses of, Wireless, Broadband, Rural Communication, Reliance World, IDC, Carrier Business and Infrastructure Business.

Wireless

Reliance Mobile - With over 85 million subscribers across India, Reliance Mobile is Indiaâ€™s largest mobile service brand. Reliance Mobile services now cover over 20,000 towns, 5 lakh villages and counting.

Reliance Mobile World - The Reliance Mobile World suite of Reliance Mobile is a unique Java-based application. Its uniqueness lies in the fact that it enables complex Internet application to be introduced in mobile phones effectively and quickly. Reliance Mobile World receives over 1.5 billion page views per month from Reliance Mobile users.

Broadband- The successful rolling out of real broadband services across the nation marks the second chapter of Reliance Communicationsâ€™ commitment to usher in a digital revolution in India.

E-education
Digital Workplaces
E-healthcare
Integrated Enterprise Solution

Rural Communication- Reliance Communications is committed to bringing about a complete revolution in rural telephony. With this goal set high on its agenda, it has initiated a mammoth expansion plan to reach out to four lakh villages across the length and breadth of the country.

Village Public Telephone
Rural Community Phone (RCP)
Rural Household DELs

IDC- Reliance is India's largest Internet Data Center (IDC) service provider, hosting business critical applications of Indian and foreign blue chip companies, financial institutions and other important organisations. Reliance Internet Data Centers are truly world class Level 3 (highest) IDC facilities, with more than 200,000 sq ft of hosting space.

Reliance World - Reliance World (formerly Reliance WebWorld) is a world-class nationwide chain of retail outlets for products and services of the Reliance â€“ Anil Dhirubhai Ambani Group. It is designed to give the customer a delightful experience of the digital world of information, communication, entertainment and utility services.

Carrier Business - Reliance Communications is a National Long Distance (NLD) and International Long Distance (ILD) service provider, rendering national and international transport links between other telecommunication service providers' networks. Its wholesale customers include Indian and international telephony service providers, Internet service providers, long-distance carriers, call centre operators, multinational companies, business process outsourcing (BPO) companies, IT-enabled service (ITES) providers and government and quasi-government organisations.

Infrastructure Business - RTIL, a subsidiary of Reliance Communications Limited, was incorporated in 2001 as a private limited company. Reliance Communications Limited (â€œRCOMâ€) had filed a Scheme of Arrangement with the High Court of Judicature at Bombay on December 5, 2006 for the separation of its wireless towers assets owned by RCOM and its wholly owned subsidiary Reliance Telecom Limited (â€œRTLâ€). RTIL is an independent wireless telecommunications infrastructure company in India, engaged in the business of building, owning and operating communications towers and related assets (together, â€œpassive infrastructureâ€), which it will lease to the wireless operators under long-term contracts.

Milestones :

2011

January 18 - Reliance Communications draws down ECB of US$ 255 Million (Rs 1155 Cr) for 3G Spectrum Refinancing
February 17 - Reliance Communications signs pact with Radio Netherlands Worldwide
Reliance launches the most affordable Android tablet

2010

January 14 - Reliance Big TV and Indiagames sign strategic agreement
January 21 - RCOM offers Cartoon Network Comics on Mobiles
February 11 - RCOM partners with SNDT Women's University
March 15 - Reliance Communications achieves a landmark of 100 million customers
March 17 - Reliance Communications and Polycom forge partnership to jointly drive market opportunities in India
March 27 -Reliance Communications commemorates 100 million customer landmark with Free Celebratory Airtime on March 28
April 27 - Reliance Communications signs strategic alliance with GetJar to create Indiaâ€™s largest and free applications store
May 5 - BIG TV launches Indiaâ€™s first HD DVR Service
May 6 - Reliance Communications breaks away from tariff metering tradition of Indian telecom industry
May 15 - Reliance Communications announces Q4 financial results for the financial year ended March 31, 2010
May 27 - Reliance Webstore commences market roll-out of Indiaâ€™s cheapest touchscreen CDMA phone
May 31 - RCOM makes Rs 8585 crore payment towards 3G spectrum to DoT for 13 circles
June 16 - RCOM announces unlimited internet access on mobile
June 21 - RCOM launches Indiaâ€™s first â€œLive Chatâ€ Customer Service Initiative
August 4 - RCOM & Universal Music sign exclusive strategic partnership in its preparation for 3G launch
August 13 -RCOM Announces Q1 Financial Results
August 16 - Reliance Mobile introduces Braille Bill Service for visually impaired
August 20 - RCOM & Nokia join hands for a first-of-its-kind multi-faceted business partnership
November 13 - RCOM Announces Financial Results For The Quarter Ended September 30, 2010
December 3 - Reliance Communications to Unveil New 3G Mobile Data Services Portal On Motricity Platform
December 13 - RCOM Announces The Launch of 3 G Services

2009

January 1 - RCOM launches pan India roll out of GSM
January 2 - Reliance Mobile and Microsoft to launch fourth edition of National Digital Elocution Contest(NDEC) in India
January 8 - RCOM ties up with Swanbaytech , UK to bring ad-funded videos on Reliance Mobile Phones
February 1 - Reliance Mobile launches GSM service in Delhi
February 13 - RCOM announces a record of five million news subscribers in January 2009
February 26 - ICRA assigns LAAA rating to RCOMâ€™s NCD Program and enhanced Bank Lines; existing rating reaffirmed. RCOM ties up with FLYTXT, implements new mobile marketing platform
March 12 - Reliance Communications launches Netconnect Broadband Plus- Indiaâ€™s fastest wireless internet service
March 13 - Reliance Communications announces adding a record of 3.3 million wireless customers in February 2009
April 15 - Reliance Communications clocks 11.3 million subscribers in January- March 2009
May 11 - Reliance Mobile to go LIVE with all ICC World Cup T 20 matches on R World VAS Deck
May 26 - RCOM shareholders approve scheme of arrangement of demerge of fiber optic division
May 30 - Reliance BIG TV expands channel bouquet with ten new channels

2008

January 12 - Reliance Communications receives Start-up GSM Spectrum
January 16 - Yahoo partners with Reliance Communications to provide Yahoo One Search for its CDMA and GSM customers.
January 31 - RCOM's Q 3 Net Profit increases by 48.5% and Revenues Up by 29.8 %. Remains the most profitable Telecom Company in India.
February 4 - Reliance Communications offers Lifetime Validity at Rs 199
RCOMâ€™s subsidiary Infratel files Draft Red Herring Prospectus with SEBI
February 5 - Reliance Mobile strengthens its religious content portfolio on Mobile by tie-up with Sadhana TV
February 14 - RCOM in partnership with CanvasM, launches Mulitplayer Mobile Games
February 19 - HDFC Bank ties up with RCOM, turns every Reliance Mobile into a credit card
February 27 - Reliance Communications consolidates Global Telecom Business under â€œBusiness Globalcomâ€
Reliance Communications forays into International Mobile Market with GSM License in Uganda.
March 3 - Reliance Communications drops prices of Internet Data Cards
March 10 - Reliance Communications announces ESOPs for over 20,000 employees
March 20 - Reliance Communications and HTC forge Strategic Alliance
March 27 - Corporation Bank Launches Banking Services on Reliance Mobile World
April 1 - Reliance Communications forays into IT space, launches Reliance Technology Services Company
April 9 - RCOM launches Educational Portal on Reliance Mobile Phones
April 25 - Reliance Globalcom unit Reliance Infocom BV, Netherlands acquires Global WiMAX Operator eWave World
April 29 - Reliance Communications Announces Unlimited Free STD calls
April 30 - Reliance Globalcom Launches Passport Global SIM
RCOM's Net Profit up by 70.8% to Rs 5,401 crore
May 2 - Reliance Communicationsâ€™ Net Profit up by 70.8% to Rs 5,401 crore (US$ 1,350 million), Revenues higher by 31.8% to Rs.19, 068 crore (US$ 4,765 million) and EBIDTA increases by 43.3% to Rs.8, 199 crore (US$ 2049 million)
May 12 - Reliance Communications and Alcatel form Joint Venture to offer Managed Network Services to telcos across the globe
May 26 - Reliance Globalcom acquires UK based VANCO Group Limited
June 24 - Reliance Globalcom, Stealth Communications forge Strategic Alliance to extend VOIP Network across 50 countries
July 12 - CA Exam Results on Reliance Mobile
July 22 - Reliance Communications Mobile Subscriber base crosses 50 Million
July 29 - CA Professional Exam Results on Reliance Mobile
July 31 - Reliance Communications (RCOM) announces its financial results for the first quarter ended June 30, 2008. Net Profit up by 23.9% to Rs. 1,512 crore (US$ 352 million)

2007

January 10 - Reliance Communications adds a record 1.4 million subscribers in December â€˜06
January 18 - Reliance Communication launches unique 'Simply 2030' plan on Reliance Hello
January 25 - Reliance Communications promotes Roger Waters Music Concert
January 29 - RCOM shareholders approve tower business demerger with a 99.99% overwhelming majority
January 30 - Overwhelming response to Reliance Worldâ€™s National Digital Elocution Competition
January 30 - Reliance joins Lenovo and Intel for 'Internet on the Move'
February 2 - Reliance Communicationsâ€™ market capitalization tops Rs 1 lakh crore ( 1 trillion rupees or 24.39 billion US dollars) on Bombay Stock Exchange
February 16 - Reliance Communications offers best value on roaming
February 26- Search Jobs & Classified Ads from Reliance Mobile World - Reliance Communications ties up with Naukri.com
March 6 - Reliance Communications ushers in â€˜Virtual Global Conference Networkâ€™
March 7 - DHIRUBHAI AMBANI â€“ THE MAN I KNEW By KOKILABEN Book on Founder Chairman launched.
March 8 - Reliance Communications launches â€˜Roam Jamaica on Reliance Mobile
March 16 - Reliance Mobile launches ' Suno Zeeâ€™
March 19 - Demerger of Passive Infrastructure division Reliance Communications & Reliance Telecom approved by the Bombay High Court
March 21 - Reliance World Offers Program to Help Students â€™Crack Admissions in Colleges Abroadâ€™
March 23 - Govtâ€™s Rural Telephone Scheme(RDEL)through Reliance Communications successfully closes by March 31,2007
March 26 - Booking train ticket from Reliance Mobile Phones becomes more easy nowâ€¦ with ITZ Cash Cards
April 4 - Reliance Communications unleashes the power of mobile advertising
April 6 - Reliance Communications acquires 1.2 million subscribers in March 2007.
April 11 - Sunny Days And Nights For Reliance Mobile Subscribers as Reliance Communications ties up with SUN TV to offer video streaming f all SUN TV programs online 24x7
April 11 - Reliance World launches summer e camp for school kids
April 30 - RCOM first listed Indian telecom company to reward shareholders
May 2 - A Classic Bonanza â€“ Reliance Communications unveils handsets @ Rs 777
May 9 - RCOM bags West Bengal E-Governnce Project
May 10 - Reliance sets a new record, one million Classic handsets sold in just one
May 12 - Reliance Communications slashes rate to US and Canada. It's now just Rs 1.99 per minute
May 14 - Reliance Communications launches Classic Color Bonanza - Color handsets @ Rs 1234
May 17 - RCOM kick starts world's fastest and largest rural infrastructure rollout on World Telecom Day.
May 18 - Reliance Communications Launches Lifetime Validity Recharge @ Just Rs.499.
May 22 - RCOM slashes roaming rates by as much as 70 percent
May 25 - Reliance Communications launches unlimited calling
June 5 - RCOM hosts seminar on â€˜Emerging Trends in Mobile Applications Developmentâ€™
June 6 - Reliance Communications adds 1.4 million new mobile subscribers in May2007
June 6 - Reliance Classic' Makes Music - FM Radio Phones Launched at just Rs.1888
June 27 - Reliance World, BIMTECH & Philadelphia University unveil Executive Program in Retail Management (EPRM)
June 28 - Reliance Communications ties up with Cisco to launch Business Internet Services for SMEs in Pune
July 4 - Bengali movie â€˜Anurananâ€™ on Reliance Mobile World
July 7 - RCOM and QUALCOMM Collaborate on CDMA2000 Expansion
July 12 - Reliance Communications awards Alcatel-Lucent a Next-Gen network expansion contract
July 12 - Reliance Communications awards Huawei all IP Next-Gen network expansion contract
July 19 - RCOM announces sale of equity stake in its Tower Company-Reliance Telecom Infrastructure Limited
July 19 - RCOM's AGM on Reliance Mobile World
July 23 - Reliance Communications launches Passport Calling Solutions
July 25 - RCOM join hands with Yatra.com for air and hotel bookings
August 20 - RCOM offers 'Live Mandi Prices' on Reliance Mobile World
August 31 - Reliance Communications , the official global partner for the first edition of ICC Twenty 20 World Cup Championship 2007 in South Africa unveils the coveted Trophy in Mumbai and announces Dhoni - Dhanadan Pack
September 9 - Reliance Communications launches Money Transfer on Reliance Mobile Phones
September 10 - RCOM launches BlackBerry 8830 World Edition Smartphone'Bloomberg Professional' now on Reliance Mobile
September 11 - Reliance Communications ties up with Sulekha.com to offer local search on Reliance Mobile World
September 18 - Strategic partnership with Vanco
October 3 - Reliance Communications announces Classic Celebrations- Classic Handset sales top 10 million- Color Handset @ Rs.999
October 20 - Reliance Communications to launch nationwide GSM Services under existing Unified Access Service Licenses
October 22 - Reliance Communications brings 'Durgotsav Live' Videocast on mobile
November 7 - Reliance Communications Launches 'Diwali Dhamaka'
November 15 - RCOM launches Rural Mobile Application Contest
November 16 - Fair & Lovely Scholarship on Reliance Mobile World is winner at the MMA awards, USA
November 27 - FLAG and GlassHouse ink landmark partnership
December 11 - Reliance Communications adjudged Worldâ€™s Top CDMA Operator at the Global CDMA Industry Achievements Awards Fete
December 20 - Reliance Communications completes Yipesâ€™ acquisition
December 24 - RCOM announces special offers for Christmas and New Year.

2006

January 01 - Reliance Infocomm launches 'One Nation, One Tariff' to enable Reliance IndiaMobile prepaid users to call anywhere in India at Re one per minute.
January 19 - Reliance Demerger adds record Rs.55, 000 Crore to shareholder wealth
January 23 - TIMES NOW launched on Reliance Mobile Phones, making it the worldâ€™s first TV channel to be launched on a mobile phone.
March 06 - Reliance Communications Ventures Ltd. (RCVL), India's leading integrated telecommunications company, a member of the Reliance - Anil Dhirubhai Ambani group, lists on the Bombay Stock Exchange and National Stock Exchange.March 21
Reliance Infocomm introduces R World in Hindi to become the world's first operator to offer mobile data services in more than one language on the same handset. This will make it possible for millions of Indians to access the popular R World with hundreds of every-day-use applications in the national language.
March 23 - Reliance-Anil Dhirubhai Ambani Group signs up Indian cricket's whiz kid and heartthrob of millions Mahendra Singh Dhoni as the brand ambassador for Reliance Communications Ventures Ltd.
March 29 - Reliance Infocomm becomes Indiaâ€™s first telecom operator to launch seamless inter-standard international roaming service - 1World.1Number, with single number on international CDMA and GSM networks.
April 27 - Reliance Communications launches Indiaâ€™s first Talking Message Service (TMS) enabling its mobile users to send voice messages to not only other mobiles but also fixed wireless phones (FWP) and landlines.
June 22 - Reliance Communications ties up with Disney to offer on Reliance Mobile World India's first 3D animation on mobile.
July 03 - Reliance Communications launches 'Hello Capital Plan' to enable its subscribers in 19 state capitals to call each other at the local call rate of 40 paise per minute.
July 19 - Reliance Communications slashes ILD rates by up to 66%
August 7 - T-Com signs contract with FLAG Telecom for Europe-US bandwidth
September 5 - Union Communications & IT Minister Thiru Dayanidhi Maran inaugurates Reliance Communicationsâ€™ FALCON Cable System.
November 17 - Reliance Communications launches Free Group Term Life Cover for its CDMA subscribers
December 28 - Reliance Communicationsâ€™ FLAG Telecom announces FLAG Next Gen to cover 60 countries

2005

January 04 - Reliance introduces first e-recharge facility in CDMA in India.
January 24 - Reliance IndiaMobile announces mega rural plan to cover 4 lakh villages and 65 crore Indians by December 2005.
June 26 - Anil Ambani appointed Chairman of Reliance Infocomm
July 30 - Air Deccan and Reliance WebWorld join hands to offer air ticket booking facility at Reliance WebWorld
August 11 - XLRI's Post-Graduate Certificate programme in Logistics Supply Chain Management (PGCLSCM) launched on Reliance WebWorld's virtual classroom platform. first of its kind e-learning programme in India.
August 18 - Reliance Infocomm rolls out international roaming facility across several countries to become the first Indian CDMA operator to offer its customers such a service.
September 06 - Reliance Infocomm tied-up with the Bombay Stock Exchange to make available live stock quotes on its mobile phones.
September 15 - Reliance Communications, UK launched Reliance IndiaCall service in England and Wales enabling callers to make high-quality calls to India from any landline or mobile phone at economical rates.
September 21 - Apollo Hospital and Reliance Infocomm join hands to provide top class healthcare service to millions of Indians in over a hundred Indian cities.
October 13 - Reliance WebWorld wins Frost & Sullivan Market Leadership Award for Video Conferencing services.
November 12 - Reliance Infocomm hosts the 4th global CDMA Operators Summit.
November 22 - Reliance Infocomm joins hands with Indian Airlines to offer India's first mobile booking of domestic airline ticket.
November 30 - Reliance Infocomm introduces MOREbile, redefines customer rewarding with 33 % more talk time on prepaid recharges of Rs 315 denomination and above and much more.
December 12 - Reliance Infocomm and China Telecom sign agreement for telecom services to provide direct telecommunication service, including a global hubbing service, to subscribers in the two countries.

2004

January 12 - International wholesale telecommunications service provider, FLAG Telecom amalgamates with Reliance Gateway, a wholly owned subsidiary of Reliance Infocomm
February 9 - Launches RIM Prepaid with attractive offer - For Rs 3500 get a Motorola C131 mobile phone and Rs 3240 worth of re- charge vouchers instantly and stay connected for 1 year
February 17 - Reliance subsidiary Flag Telecom announces FALCON Project - a major new Middle East Loop Terabits Submarine Cable System with links to Egypt and Hong Kong via India
March 22 - Reliance Infocomm launches multi-player gaming on RIM handsets - a first in India
April 05 - Reliance IndiaMobile introduces International Roaming facility to 172 countries, 300 networks
April 23 - Reliance Infocomm introduces first ever auction facility on Mobile phones through R World.
May 27 - Reliance Infocomm receives the Most Promising Service Provider of the Year 2003 (Asia Pacific) award at the Asia Pacific Technology Awards instituted by Frost & Sullivan.
June 8 - Reliance Infocomm introduces World Card - a Prepaid International calling card for affordable and convenient ISD calls from India.
July 29 - Announces India's First MPLS Global VPN Solution in partnership with MCI
August 5 - Launches the first regional Customer Contact Centre in Chennai
September 6 - Mukesh D. Ambani, Chairman, Reliance Infocomm, receives Voice & Data 'Telecom Man of the Year' award
September 9 - Introduces Railway Ticket booking from R World data applications suite of Reliance IndiaMobile
October 12 - Mukesh Ambani voted the worldâ€™s most infuential telecom person by UK-based publication Total Telecom.
October 19 - Reliance Infocomm bags the CDMA Development Group's 3G CDMA Industry Achievement Award for International Leadership.

2003

January 15 - Introduces Dhirubhai Ambani Pioneer Offer for Reliance IndiaMobile service
February 14 - Launches Reliance WebWorld in top 16 cities
March 31 -Launches International Long Distance Services
April 3 - Commissions all backbone rings
April 25 - Introduces colour handsets
May 1 - Launches Reliance IndiaMobile Service commercially in top 92 cities with one million customers.
June 10 - Launches India's first wireless Point of Sale (POS)
July 1 - Introduces 'Monsoon Hungama' Offer: Instant multimedia mobile phone and connection for just Rs 501.
Sets world record - acquires one million customers in 10 days
July 3 - Launches R Connect Internet connection cable
Aug 26 - Introduces Reliance IndiaPhone Fixed Wireless Phone and Terminal
September 20 - 'Navratri' a data service in R-World posts a world record of 10 million downloads on the first day of the launch.
September 30 - R World clocks a phenomenal 1 billion hits in 1 month
October 6 - Launches integrated broadband centre at Reliance WebWorld, Bangalore
October 24 - Deploys pilot of Home Netway in Mumbai
October 30 - Reliance becomes India's largest mobile service provider within 7 months of commercial launch
November 3 - Customer base touches 5 million
November 12 - Migrates to Unified License Regime
November 16 - Launches National Roaming
November 21 - Launches International SMS to 159 countries launched
December 19 - Adds 4500th Contact Centre Executive
Contact Centre becomes the largest such facility deployed by any single Indian Service Provider

2002

January 15 - First Base Transceiver Station (BTS) made 'Ready for Electronics'
February 25 -Obtains International Long Distance License from Govt. of India
December 22 - Commissions 1st Optic Fibre Backbone ring
December 24 - Establishes 1st Point of Interconnect (POI) in New Delhi
December 27 - Hon'ble Prime Minister of India, Atal Behari Vajpayee e-inaugurates Reliance Infocomm
Hon'ble Union Minister for Parliamentary Affairs, Information Technology and Communications, Pramod Mahajan, inaugurates NNOC
2001 -May 1- First Media Convergence Node made 'Ready for Electronics' at Jaipur
2000 -May 10 Optic fibre laying process commences in Gujarat, Andhra Pradesh & Maharashtra
1999- The Dream, 1999
'Make a phone call cheaper than a postcard and you will usher in a revolutionary transformation in the lives of millions of Indians' - Dhirubhai Ambani
The Reality, November 15 - Reliance Infocomm begins Project Planning

Achievements/ recognition:

First to launch BlackBerry 8830 World Edition Smartphone in India
Reliance Communications' Flag Telecom Awards U.S. Dollar 1.5 Billion (Rs 6000 Crore) Turnkey Contract To Construct Flag Next Generation Network Submarine Cable
Reliance BIG TV expands channel bouquet with 10 new channels
Reliance Communications clocks 11.3 million new subscribers in January - March
Reliance Communications adds a record 3.3 million wireless customers in February 2009
Reliance Communication launches 'Netconnect Broadband Plus' - India's fastest wireless Internet service
Reliance Communications adds a record 5 Million New Subscribers in January 2009
Reliance Mobile enhances value proposition for its GSM customers with Lifetime offer
Reliance Mobile launches GSM Services in Delhi
RCOM launches Unique Customer Experience Programme
RCOM first listed Indian telecom company to reward shareholders
Reliance Infocomm becomes Indiaâ€™s first telecom operator to launch seamless inter-standard international roaming service - 1World.1Number, with single number on international CDMA and GSM networks.
Reliance Infocomm introduces first ever auction facility on Mobile phones through R World.
Reliance Infocomm bags the CDMA Development Group's 3G CDMA Industry Achievement Award for International Leadership.
Introduces Railway Ticket booking from R World data applications suite of Reliance IndiaMobile
Reliance Infocomm receives the Most Promising Service Provider of the Year 2003 (Asia Pacific) award at the Asia Pacific Technology Awards instituted by Frost & Sullivan.
Reliance Infocomm introduces World Card - a Prepaid International calling card for affordable and convenient ISD calls from India.
Announces India's First MPLS Global VPN Solution in partnership with MCI
Launches India's first wireless Point of Sale (POS)