What is the business of Reliance Communications?
William Harris
Updated on March 11, 2026
What is the business of Reliance Communications?
Reliance Communications
| Type | Public |
|---|---|
| Products | Mobile Telephony Wireless Internet Digital Television |
| Services | Internet Services Network Services Cloud Networking Data Center Services Enterprise Voice Cloud Telephony Collaboration Services Wholesale Voice Value Added Services (VAS) |
| Revenue | ₹40.15 billion (2019) |
Who owns Reliance Communications now?
Reliance Group
Reliance Communications/Parent organizations
Is Reliance Communication and Jio same?
Reliance Digital is a unit of Reliance Industries Ltd and part of its Jio telecom business. Reliance Infratel houses the tower and fibre assets of Anil Ambani group’s Reliance Communications Ltd (RCom), which is also in bankruptcy. RCom owes its financial creditors around Rs 50,000 crore.
Who is the CEO of Reliance Communications?
Bill Barney (Mar 2015–)
Reliance Communications/CEO
Can I buy Jio shares?
You can easily buy Reliance Industries shares in Groww by creating a demat account and getting the KYC documents verified online.
Should I buy Reliance Communication share?
As on 9th Dec 2021 RCOM Share Price closed @ 3.60 and we RECOMMEND Buy for LONG-TERM with Stoploss of 2.59 & Strong Buy for SHORT-TERM with Stoploss of 3.01 we also expect STOCK to react on Following IMPORTANT LEVELS.
Why did Reliance Communications fail?
It invested heavily to roll out GSM services, eventually ending up with a massive debt. RCom’s involvement in the 2G scam, its inability to reduce its debt due to failed business sales and falling revenue led to its downfall over the next decade.
Should I buy Reliance Communications share?
What is the price of Jio share?
NSE 2458.95 +2.50 ( 0.10 %)
| OPEN | 2444.00 |
|---|---|
| 52-WEEK LOW | 1830.00 |
| MARKET CAP | 1662776.45 |
| BUY Price | 0.00 |
| BUY Quantity | 0.00 |
Why did Anil Ambani flop?
In a nutshell, there were claims that RCom (Reliance Communication), the one business Anil took control of, could not keep up with the growing telecoms industry. In between attempts to keep up, loans were made and price wars emerged, causing more debt and leading RCom to file for bankruptcy.
