Rs 2,700 crore is the amount taken from the group of international banks as a loan & has been fully repaid by Reliance Communication. The company quoted in an official statement that ”Reliance Communications made full payment of a syndicated ECB loan facility of $500 million, over Rs 2,700 crore, on the due date. The loan was taken in 2007 from a group of international banks.” On December... 

Recently Trai has issued a notice about the telecom operators percentage contribution to the billing disputes by Aircel, Vodafone, Idea, BSNL and MTS which varies between 0.11 percent and 2.42 percent. Of which lowest score is 2.42 percent scored by Aircel’s Maharashtra. Gujarat, Jammu and Kashmir, Kolkata, Karnataka, Punjab and Rajasthan were most of the disputed regions where Aircel postpaid bill... 

Customers will get benefit in India, middle east, Europe and the US as Reliance Communication Submarine unit or better known as Reliance Globalcom wants to add capacity to their existing network, so the company has adopted Hawk cable system in its global network. Reliance Globalcom’s President and CEO Punit Garg told in a statement that ”We are delighted with the seamless integration of the Hawk...