rcom in A Sentence

Rcom's committee of creditors to meet on Wednesday.

Rcom RTL RITL.

Rcom itself later sold its wireless assets to Jio.

Fourth, Rcom's bankers were clearly over-indulgent to the company.

Rcom will hold a 50% stake in the new company.

Rcom has become the first Anil Ambani group firm to be officially declared bankrupt.

Analysts say Rcom had many assets but it did not time the sale right.

Rcom was just one of many others(TTSL, Telenor, MTS) who had to put shutters down.

Once India's second-biggest phone carrier, Rcom shut down its mobile business late in 2017.

The NCLAT ruled that Rcom cannot sell movable or immovable assets without permission of the tribunal.

The disputes of the remaining 13 firms with Rcom and Reliance Telecom are yet to be resolved.

When a Rcom LTE SIM card customer will also get 1GB 2G data per month for one year.

Rcom on Monday released list of financial creditors that are claiming 573.82 billion rupees under Indian bankruptcy proceedings.

Rcom's 12 million shares are sold by investors in the first 45 minutes of the start of business.

He said Rcom violated two orders of the top court and even committed perjury by concealing information under oath.

Consequently, Rcom lost its number two spot to Vodafone in 2012 and slipped further down to number four in 2016.

The creation of the new entity will first involve Rcom demerging its existing cellular business, which has around 100 million subscribers.

According to the Economic Times report, Rcom has informed all employees that they will only be with the company until November 30.

Rcom corporate clientele includes over 39,000 Indian and multinational corporations including small and medium enterprises and over 290 global, regional and domestic carriers.

More than 120 million shares of Rcom changed hands in less than 45 minutes of trade compared to its 30-day average of 63 million shares.

Around end-2017, when its operations were rapidly becoming unviable, most customers had already jumped ship, and the Rcom customer base was down to 33 million.

This is impacting us," he said and sought direction to SBI chairman to disclose on oath about the money received by Rcom from assets sale.

He said there were no orders from the court or NCLAT that if Rcom does not pay to Ericsson then"we will have to have pay".

In addition, Rcom will assume the liability to pay the government installments for SSTL's spectrum, amounting to Rs 392 crore per annum for the next 10 years.

Rcom can monetize 49 percent tower company stake in future through sale or a listing process, while further debt reduction options will include sale of direct-to-home business.

Rcom can monetize 49 percent tower co stake in future though sale or a listing process, while further debt reduction options will include sale of direct-to-home business.

In May 2018, the NCLT had admitted three insolvency petitions against Rcom filed by Swedish gear maker Ericsson, which was seeking a payment of over Rs1,100 crore in dues.

Ericsson had signed a seven-year deal in 2014 to operate and manage Rcom's nationwide telecom network, and sought 11.55 billion rupees($171.16 million) from the company and two of its subsidiaries.

This decision comes from the Supreme Court in this regard when Rcom has agreed to pay the outstanding amount of Swedish telecom gearmaker Ericsson's $ 550 million(80.06 million dollars).

There was a time when Rcom revolutionised the telecom world, today the company is going through the process of insolvency law and must sell its assets to repay the debt.

Showing 1 to 30 of 44 results

rcom in A Sentence

Rcom's committee of creditors to meet on Wednesday.

Rcom RTL RITL.

Rcom itself later sold its wireless assets to Jio.

Fourth, Rcom's bankers were clearly over-indulgent to the company.

Rcom will hold a 50% stake in the new company.

Rcom has become the first Anil Ambani group firm to be officially declared bankrupt.

Analysts say Rcom had many assets but it did not time the sale right.

Rcom was just one of many others(TTSL, Telenor, MTS) who had to put shutters down.

Once India's second-biggest phone carrier, Rcom shut down its mobile business late in 2017.

The NCLAT ruled that Rcom cannot sell movable or immovable assets without permission of the tribunal.

The disputes of the remaining 13 firms with Rcom and Reliance Telecom are yet to be resolved.

When a Rcom LTE SIM card customer will also get 1GB 2G data per month for one year.

Rcom on Monday released list of financial creditors that are claiming 573.82 billion rupees under Indian bankruptcy proceedings.

Rcom's 12 million shares are sold by investors in the first 45 minutes of the start of business.

He said Rcom violated two orders of the top court and even committed perjury by concealing information under oath.

Consequently, Rcom lost its number two spot to Vodafone in 2012 and slipped further down to number four in 2016.

The creation of the new entity will first involve Rcom demerging its existing cellular business, which has around 100 million subscribers.

According to the Economic Times report, Rcom has informed all employees that they will only be with the company until November 30.

Rcom corporate clientele includes over 39,000 Indian and multinational corporations including small and medium enterprises and over 290 global, regional and domestic carriers.

More than 120 million shares of Rcom changed hands in less than 45 minutes of trade compared to its 30-day average of 63 million shares.

Around end-2017, when its operations were rapidly becoming unviable, most customers had already jumped ship, and the Rcom customer base was down to 33 million.

This is impacting us," he said and sought direction to SBI chairman to disclose on oath about the money received by Rcom from assets sale.

He said there were no orders from the court or NCLAT that if Rcom does not pay to Ericsson then"we will have to have pay".

In addition, Rcom will assume the liability to pay the government installments for SSTL's spectrum, amounting to Rs 392 crore per annum for the next 10 years.

Rcom can monetize 49 percent tower company stake in future through sale or a listing process, while further debt reduction options will include sale of direct-to-home business.

Rcom can monetize 49 percent tower co stake in future though sale or a listing process, while further debt reduction options will include sale of direct-to-home business.

In May 2018, the NCLT had admitted three insolvency petitions against Rcom filed by Swedish gear maker Ericsson, which was seeking a payment of over Rs1,100 crore in dues.

Ericsson had signed a seven-year deal in 2014 to operate and manage Rcom's nationwide telecom network, and sought 11.55 billion rupees($171.16 million) from the company and two of its subsidiaries.

This decision comes from the Supreme Court in this regard when Rcom has agreed to pay the outstanding amount of Swedish telecom gearmaker Ericsson's $ 550 million(80.06 million dollars).

There was a time when Rcom revolutionised the telecom world, today the company is going through the process of insolvency law and must sell its assets to repay the debt.

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