Re: Anil Ambani, A cat on a hot tin roof: Sid Harth

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Mar 4, 2011, 1:41:41 PM3/4/11

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Blaming the Bogeyman for Voodoo Economics of Making the Margins and
Residues
and Profits by Killing The One Living God on Earth
----------------------------------------------------------------------------------------------------------------------------

Are the rumours baseless and motivated ?

We need to stick to Use of Reason, Truth and Non-Violence to avoid
confusion, destabilization of the world and violence later on.

Please find the truth and correct the language.

We cannot blame the bogeyman for everything in Voodoo Economics.

- HSN.

"On Feb 9 alone, shares in six companies of Reliance ADA, Ambani’s
conglomerate, dropped suddenly to wipe $2.5 billion off its market
value. The billionaire blamed “baseless and motivated rumours” for
the
drop."

- HSN.

On Mar 4, 6:23 am, cogitoergosum <coggo...@gmail.com> wrote:
> Everything you always wanted to know about India and more
>
> Anil Ambani, A cat on a hot tin roof: Sid Harthhttp://cogitoergosum.co.cc/2011/03/04/anil-ambani-a-cat-on-a-hot-tin-...
>
> DEALTALK-As debt piles up, Ambani’s Reliance Comm faces key test
>
> Reliance Communications Ltd.
> (Public, BOM:532712)
>
> BSE Sensex 18,486.45 -0.02%
> 532712 93.30 0.05%
>
> (Public, BOM:532712)
>
> 93.30
> +0.05 (0.05%)
> Mar 4 – Close
>
> Currency in INR
>
> 1. Range 92.60 – 95.80
> 2. 52 week 85.20 – 204.75
> 3. Open 94.15
> 4. Vol. 4.05M
> 5. Mkt cap 192.57B
> 6. P/E 8.49
> 7. Div/yield 0.85/0.91
> 8. EPS 10.99
> 9. Shares 2.06B
> 10. Beta
>
> Stocks
>
> Bharti Airtel Ltd
> BRTI.BO
> Rs326.75
> -3.95-1.19%
> 5:28am EST
>
> Idea Cellular Ltd
> IDEA.BO
> Rs60.20
> +1.65+2.82%
> 5:19am EST
>
> Reliance Communications Ltd
> RLCM.BO
> Rs93.30
> +0.05+0.05%
> 5:28am EST
>
> Fri Mar 4, 2011 4:24am EST
>
> * Net debt $7 billion against market cap of $4 bln
>
> * Credit default swaps up 90 basis points since Dec
>
> * Shares are among worst performers this yr in large-caps
>
> * Stock down nearly 90 percent since 2008 peak
>
> * Deals to pare debt fail to materialise
>
> By Sumeet Chatterjee
>
> MUMBAI, March 4 (Reuters) – The clock is ticking and costs are seen
> rising for Reliance Communications Ltd as it struggles to reduce a $7
> billion mountain of debt ahead of a major bond redemption next year.
>
> Shares in India’s No. 2 mobile carrier, controlled by Anil Ambani, who
> ranked 36th on last year’s Forbes global rich list, dropped to a
> record low this week leaving the company valued at $4.3 billion.
>
> Six straight quarters of falling profits as a tough telecoms market
> squeezes margins and failed attempts to raise cash are eroding
> investor confidence in the company, which faces tests with $1.2
> billion in convertible debt falling due.
>
> “The competitive landscape for telecoms firms in India is very tough
> and that’s a problem for Reliance as well,” said Lars Hemmingsen, a
> Copenhagen-based portfolio manager at Nordea Intia, which manages $260
> million worth of Indian shares.
>
> “What makes the matter worse for them is huge debt on the balance
> sheet and weak cash flow. You also have these negative news headlines
> hitting investor confidence in the firm,” said Hemmingsen, who does
> not hold Reliance Communications shares.
>
> In February, Ambani became the highest-profile executive to be
> questioned by federal police investigating a telecoms fraud that state
> auditors say cost the government $39 billion in lost revenues.
>
> No executives from Reliance Communications have been charged and the
> company has denied any wrongdoing.
>
> Last year, Reliance Communications attempted to sell a 26 percent
> stake in itself to pare debt. But it found no takers.
>
> A plan to float its tower unit in an initial public offering also
> failed to take off and a deal to merge its tower arm with a rival
> collapsed.
>
> Reliance Communications is battling a fast-growing but ferociously
> competitive Indian cellular market in which call charges have fallen
> and operational costs have risen, triggering declines in margins,
> while regulatory worries have also increased.
>
> The shares have fallen about 35 percent this year, making them the
> eighth worst performer globally among large capitalised firms.
>
> On Feb 9 alone, shares in six companies of Reliance ADA, Ambani’s
> conglomerate, dropped suddenly to wipe $2.5 billion off its market
> value. The billionaire blamed “baseless and motivated rumours” for the
> drop.
>
> DEBT TEST
>
> The cost of insuring against debt default in Reliance Communications
> through credit default swaps (CDS) has risen 90 basis points this year
> to 525 basis points.
>
> That’s an insurance premium of $525,000 for every $10 million of debt
> and has risen as markets focused on about $1.2 billion of convertible
> bonds in Reliance Communications that will mature by March 2012.
>
> “If you look globally, the appetite for new issues is pretty low and
> this company has so many problems. I think the terms of refinancing
> would be stiff because the company’s cash flow continues to be very
> weak,” said Thorsten Vetter , a portfolio manager at Flossbach & Von
> Storch in Cologne, Germany, who last year sold Reliance Communications
> bonds maturing in 2012.
>
> Two convertible bonds are due over the next 12 months but investors
> are unlikely to convert their holdings into equity following the fall
> in the share price to 93 rupees.
>
> A $297 million bond due in May has a conversion price of 475 rupees. A
> $925 million bond maturing in March 2012 has a conversion price of 654
> rupees.
>
> Since the bonds are out of the money at current prices, the firm is
> likely to have to shell out about $374 million for the 2011 bond and
> $1.2 billion for the 2012 debt.
>
> The 2011 convertible bonds are bid at 122-123 in secondary markets
> versus the redemption price of 125.84, while investors are more
> cautious about the 2012s, which are bid at 114.25-114.75 versus their
> 127.69 redemption price.
>
> A Reliance Communications spokesman declined to comment on the
> company’s plan to reduce its debt burden.
>
> During an analysts call in February, Satish Seth, group managing
> director of Reliance ADA Group, said the company was evaluating
> several options.
>
> WEAKENING CASH FLOWS, HIGH DEBT
>
> Reliance Communication’s net debt to EBITDA (earnings before interest,
> tax, depreciation and amortisation) is seen at 4.8 times in the year
> ending March 31, Thomson Reuters data show.
>
> This compares to just under 3 times at bigger rival Bharti Airtel and
> 2.8 times at Idea Cellular .
>
> “It doesn’t make sense to lend to this company any more. It needs a
> serious equity injection,” said a senior Singapore-based loans banker
> who covers Indian deals, who was not authorised to speak to the media
> on the record.
>
> An equity issue, however, would be painfully dilutive, given that
> Reliance Communications shares have tumbled nearly 90 percent from
> their 2008 peak .
>
> JPMorgan recently slashed the company’s share price target for
> December by 49 percent to 82 rupees, citing concern about high
> leverage and the cost of a possible refinancing of $1.2 billion of
> bonds maturing by March 2012.
>
> “First they will have to set their house in order before they start
> looking for strategic investors,” Hemmingsen of Nordea Intia said.
> “There is always a buyer for a right price and transactions do happen
> despite a lot of headwinds.”
>
> Despite the troubles, some banks are not shying away from lending to
> the company, Reliance Communications signed a deal with China
> Development Bank in December for a $1.93 billion 10-year, syndicated
> loan. (Additional reporting by Shankar Ramakrishnan in SINGAPORE,
> Umesh Desai and Maggie Chen in HONG KONG, Devidutta Tripathy and Neha
> D’silva in MUMBAI; Editing by Tony Munroe and Anshuman Daga)
>
> BREAKINGVIEWS-India corruption travails could presage catharsis
>
> 21 Feb 2011 09:30
>
> Source: reuters // Reuters
>
> – The author is a Reuters Breakingviews columnist. The opinions
> expressed are his own –
>
> By Hugo Dixon
>
> LONDON, Feb 21 (Reuters Breakingviews) – It’s easy to see why
> investors in India are running scared. Two top tycoons have been
> hauled in by investigators in connection with a mounting telecoms
> scandal, inflation is rampant and the government seems paralysed.
>
> The Sensex index of leading stocks has dropped 11 percent this year.
> And the shares of Reliance Communications , chaired by Anil Ambani,
> one of the two tycoons questioned by police, have been hammered: they
> are down 36 percent. The other is Prashant Ruia, chief executive of
> Essar Group. Neither has been charged.
>
> But endemic corruption, which is estimated to drag economic growth
> down by 1 to 2 percentage points a year, is an old story. What’s new
> is that there has been an outcry about it. The urban middle classes
> seem fed up and the media is hounding the story. The Supreme Court,
> meanwhile, has criticised Prime Minister Manmohan Singh for his slow
> response and put steel in the spine of the police, telling them to
> question even billionaires.
>
> Singh now looks likely to agree to a cross-party parliamentary probe
> into the scandal which is estimated to have cost the government up to
> $39 billion in lost revenues. Weeks of public hearings would keep up
> the pressure for reform. Campaigners are also calling for the
> government’s proposed anti-corruption law, which many consider to be
> toothless, to be replaced by something stronger.
>
> Of course, corruption isn’t going to be uprooted overnight. There are
> too many factors entrenching it — not least, the need to divide up
> ministerial posts between different political parties to stitch
> together elaborate coalitions in this hugely diverse country.
>
> And India has other problems that won’t just vanish. Singh’s
> government lacks oomph but there’s no quick way to improve on it.
> Meanwhile, inflation is being driven by a mixture of global commodity
> prices (which Delhi can’t influence) and structural rigidities (which
> would take years to solve even with dynamic leadership).
>
> Nevertheless, the vigour with which anti-corruption probes are now
> being pursued offers the best chance, albeit no guarantee, of a
> catharsis which could ultimately boost India’s long-term growth
> potential.
>
> CONTEXT NEWS
>
> – Two top Indian businessmen, Anil Ambani and Prashant Ruia, were
> questioned by police investigators last week in connection with a
> mounting telecoms corruption scandal. Neither has been charged.
> Ambani, chairman of Reliance Communications, and Ruia, chief executive
> of Essar Group, didn’t return calls.
>
> – Meanwhile, Manmohan Singh, the Indian prime minister, is reported to
> be close to agreeing to a cross-party parliamentary investigation into
> the scandal. The country’s auditor estimates that India may have lost
> up to $39 billion when the telecoms ministry gave out licences at
> below-market prices in 2007/2008. The opposition boycotted the last
> parliamentary session because Singh was refusing to agree to such a
> probe.
>
> – India’s government will battle both inflation and corruption,
> president Patibha Patil told the country’s parliament on Feb. 21.
>
> – “My government stands committed to improving the quality of
> government and enhancing transparency, probity and integrity in public
> life,” Patil said. “A Group of Ministers is considering all measures,
> including legislative and administrative, to tackle corruption and
> improve transparency.”
>
> – Reliance Communications’ shares have fallen 36 percent this year.
> India’s Sensex index of leading shares has dropped 11 percent.
>
> – Reuters story: India govt tries to gain initiative, vows to fight
> graft
>
> (Editing by Rob Cox and David Evans)
>
> RCOM Signs Pact With Radio Netherlands Worldwide
>
> (ENP Newswire Via Acquire Media NewsEdge) ENP Newswire – 25 February
> 2011 Release date- 17022011 – Mumbai / Hilversum – Reliance
> Communications, India’s leading telecom service provider, today
> announced signing an agreement with Radio Netherlands Worldwide, an
> established player in news & entertainment broadcasting for over 60
> years.
>
> Under the agreement, R World – the next generation mobile portal
> accessible to over 125 million Reliance 3G, GSM and CDMA customers,
> would offer 24/7 live streaming of Radio Netherlands Worldwide and
> will showcase its RNW WAP news feed on RWorld which includes regularly
> updated international news.
>
> ‘News plays an important role in our day to day lives. Be it a college
> student, a young executive, a Corporate Chieftain or a small town
> entrepreneur; being in the know of what’s happening across the globe
> at push-of-a-button is essential for our customers irrespective of
> segments’, said Prashant Gokarn, 3G Head, Reliance Communications. ‘We
> are extremely delighted about our collaboration with Radio Netherlands
> Worldwide to offer live news to our 125 million customers at touch of
> a button on R World. We are focused to utilize every opportunity and
> technological advancements to offer enhanced value and benefits to our
> customers’, he added.
>
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
> Find Solutions for Enterprises, SMBs & Service Providers at the ITEXPO
> East, February 2-4, 2011 Miami Beach Convention Center, FL.
>
> Jan Hoek, RNW’s Director General, comments: ‘I am very pleased with
> our entry into Indian telecom space with one of the biggest telecom
> operators, Reliance. We are an important partner to its valuable
> subscriber base as a major value-added service. Interestingly, this is
> the first telecom company with which we have a partner relationship
> and we are looking forward to many more on a global basis along with
> advancements in technology’.
>
> RNW is available on RWorld (News N TV) at a nominal browsing cost of 5
> paise/10kb. RNW and Reliance Communications will be celebrating their
> successful partnership during the GSMA Mobile World Congress on
> February 14 – 17 in Barcelona.
>
> About Radio Netherlands Worldwide Radio Netherlands Worldwide (RNW) is
> a multilingual multimedia broadcasting company based in the
> Netherlands. For more than 60 years RNW has been an established player
> in the field of news and entertainment broadcasting, reaching millions
> of people every day all over the world. In 10 languages RNW provides
> independent world news, features and music programmes through
> satellite, short wave, CDs, mobile platforms, internet and podcasting.
> RNW’s international audience is also reached through numerous media
> partners in the world.
>
> For more information about Radio Netherlands Worldwide please contact
> our press office: Annabel Heijen: +31 35 6724 493 / mobile + 31 6
> 26064182 / annabel.hei...@rnw.nl For further inquiries on the Reliance/
> RNW partnership, please contact – RNW’s Country Manager – South Asia ,
> Amitabh Srivastava: +91 11 2612 1520 / mobile +91 98110 55580 /
> amitabh.srivast...@rnw.nl About Reliance Communications : Reliance
> Communications Limited founded by the late Shri Dhirubhai H Ambani
> (1932-2002) is the flagship company of the Reliance Anil Dhirubhai
> Ambani Group. The Reliance Anil Dhirubhai Ambani Group currently has a
> net worth in excess of Rs. 64,000 crore (US$ 13.6 billion), cash flows
> of Rs. 13,000 crore (US$ 2.8 billion), net profit of Rs. 8,400 crore
> (US$ 1.8 billion). Reliance Communications is India’s foremost and
> truly integrated telecommunications service provider. The Company,
> with a customer base of over 130 million including over 2.5 million
> individual overseas retail customers, ranks among the top 4 Telecom
> companies in the world by number of customers in a single country.
> Reliance Communications corporate clientele includes 2,100 Indian and
> multinational corporations, and over 800 global, regional and domestic
> carriers. Reliance Communications has established a pan-India, next
> generation, integrated (wireless and wireline), convergent (voice,
> data and video) digital network that is capable of supporting best-of-
> class services spanning the entire communications value chain,
> covering over 24,000 towns and 600,000 villages. Reliance
> Communications owns and operates the world’s largest next generation
> IP enabled connectivity infrastructure, comprising over 277,000
> kilometers of fibre optic cable systems in India, USA, Europe, Middle
> East and the Asia Pacific region.
>
> [Editorial queries for this story should be sent to
> newsw...@enpublishing.co.uk] ((Comments on this story may be sent to
> i...@enpublishing.co.uk)) (c) 2011 Electronic News Publishing -
>
> [ Back To TMCnet.com's Homepage ]
>
> Comments:
>
> Sid Harth
>
> *
>
> Sid Harth 0 minutes ago
> This is a very biased paid news.
>
> I take a strong objection to your statements in the news:
>
> “The Reliance Anil Dhirubhai Ambani Group currently has a net worth in
> excess of Rs. 64,000 crore (US$ 13.6 billion), cash flows of Rs.
> 13,000 crore (US$ 2.8 billion), net profit of Rs. 8,400 crore (US$ 1.8
> billion)”
>
> Today Reliance Communications company is valued at $4.3 billion. RCOMM
> has a debt of $7 billion. India’s premier #1 telecom operator Bharti
> Airtel Ltd BRTI.BO Rs326.75. Whereas RCOMM shows following sad
> picture.
>
> (Public, BOM:532712)
>
> 93.30
> +0.05 (0.05%)
> Mar 4 – Close
>
> Currency in INR
>
> 1. Range 92.60 – 95.80
> 2. 52 week 85.20 – 204.75
> 3. Open 94.15
> 4. Vol. 4.05M
> 5. Mkt cap 192.57B
> 6. P/E 8.49
> 7. Div/yield 0.85/0.91
> 8. EPS 10.99
> 9. Shares 2.06B
>
> …and I am Sid Harth
>
> Reliance Communications Ltd launches 3G Services
> Labels: Tech24Hours India
>
> Reliance Communications Limited, a Reliance-Anil Dhirubhai Ambani
> Group company & India’s second-largest mobile phone operator by
> subscribers, Today launched 3G or third-generation mobile phone
> operations in four major cities – Delhi, Chandigarh, Mumbai and
> Kolkata– becoming the second private company after Tata Teleservices
> Ltd. to offer the services in India, the world’s fastest growing
> telecommunications market.
>
> Reliance Communications had bandwidth to offer 3G services in 13 of
> India’s 22 telecom service areas. The company will launch the service
> in all the 13 areas by the end of the current financial year i.e.
> March 2011, the company said in a statement. To cover up the areas
> where it doesn’t have license to operate; the company planes to go the
> tie-ups route with other 3G licensees during 2011, the statement
> added.
>
> Market leader Bharti Airtel Ltd. plans to offer 3G by the end of this
> month and the local unit of Vodafone Group PLC during the January-
> March quarter.
>
> a.new,#quickbar a.new{color:#ba0000}
>
> Reliance Communications
>
> From Wikipedia, the free encyclopedia
>
> Unbalanced scales.svg
>
> A major contributor to this article appears to have a close connection
> with its subject. It may require cleanup to comply with Wikipedia’s
> content policies, particularly neutral point of view. Please discuss
> further on the talk page. (April 2010)
>
> Reliance Reliance Communications Corporate Logo
>
> Type Public
>
> (NSE: RCOM, BSE: 532712)
>
> Industry Telecommunications
>
> Founded 2004
>
> Founder(s) Dhirubhai Ambani
>
> Headquarters Navi Mumbai, Maharashtra, India
>
> Area served India
>
> Key people Anil Ambani
>
> (Chairman)
>
> Satish Seth
>
> (MD)
>
> Products Wireless
>
> Telephone
> Internet
> Television
> Data Cards
> Recharge Vouchers
>
> VC
>
> Revenue Indian Rupee ₹22,948 crore (US$4.98 billion) (2009)
>
> Operating income Indian Rupee ₹9,305 crore (US$2.02 billion) (2009)
>
> Net income Indian Rupee ₹6,045 crore (US$1.31 billion) (2009)
>
> Total assets Indian Rupee ₹102,207 crore (US$22.18 billion) (2009)
>
> Total equity Indian Rupee ₹1,032 crore (US$223.94 million) (2009)
>
> Owner(s) Reliance Anil Dhirubhai Ambani Group
>
> Employees 31,884 (2009)
>
> Parent Reliance Anil Dhirubhai Ambani Group
>
> Subsidiaries Reliance Telecom Limited
>
> Reliance Globalcom Limited
> Reliance Tech Services
> Reliance Communications Infrastructure Limited (RCIL)
> Reliance Big TV Limited
> Reliance Infratel Limited
>
> Website Reliance Communications
>
> Reliance Communications (NSE: RCOM, BSE: 532712), formerly known as
> Reliance Infocomm, along with Reliance Telecom and Flag Telecom, is
> part of Reliance Communications Ventures (RCoVL). Reliance
> Communications Limited, founded by Dhirubhai H Ambani (1932–2002), is
> the flagship company of the Reliance Anil Dhirubhai Ambani Group. The
> Reliance Anil Dhirubhai Ambani Group currently has a net worth in
> excess of Indian Rupee ₹64,000 crore (US$13.6 billion), cash flows of
> Indian Rupee ₹13,000 crore ($2.8 billion), and a net profit of Indian
> Rupee ₹8,400 crore ($1.8 billion). The Equity Shares of RCOM are
> listed on Bombay Stock Exchange Limited and National Stock Exchange
> Limited. The Global Depository Receipts and Foreign Currency
> Convertible Bonds are listed on Luxembourg Stock Exchange and
> Singapore Stock Exchange respectively.
>
> Background
>
> It ranks among the top 5 telecommunications companies. Retrieved
> 2010-04-14. in the world by number of customers in a single country.
> Reliance Communications corporate clientele includes 2,100 Indian and
> multinational corporations, and over 800 global, regional and domestic
> carriers. The company has established a pan-India, next-generation,
> integrated (wireless and wireline), convergent (voice, data and video)
> digital network that is capable of supporting services spanning the
> entire communications value chain, covering over 24,000 towns and
> 600,000 villages. Reliance Communications owns and operates the next-
> generation IP-enabled connectivity infrastructure,[1] comprising over
> 190,000 kilometers of fiber optic cable systems in India, USA, Europe,
> Middle East and the Asia Pacific region.
>
> Main subsidiaries
>
> Reliance Telecommunication Limited (RTL)
>
> In July 2007, the company announced it was buying US-based managed
> ethernet and application delivery services company Yipes Enterprise
> Services for a cash amount of Indian Rupee ₹1200 crore (the equivalent
> of US$300 million). The deal was announced of the overseas
> acquisition, the Reliance group has amalgamated the United States-
> based Flag Telecom for $210 million (roughly Indian Rupee ₹950 crore).
> RTL operates in Madhya Pradesh, West Bengal, Himachal Pradesh, Orissa,
> Bihar, Assam, Kolkata and Northeast, offering GSM services.[2]
>
> Reliance Globalcom
>
> RGL owns the worlds largest private undersea cable system,[3] spanning
> 65,000 km seamlessly integrated with Reliance Communications. Over
> 110,000 km of domestic optic fiber provides a robust Global Service
> Delivery Platform, connecting 40 key business markets in India, the
> Middle East, Asia, Europe, and the U.S.
>
> Reliance Internet Data Center (RIDC)
>
> RIDC provides Internet Data Center (IDC) services located in Mumbai,
> Bangalore, Hyderabad and Chennai. Spread across 650,000 sq ft (60,000
> m2) of hosting space, it offers IT infrastructure management services
> to large, medium and small enterprises. It is one of the leading data
> center service provider in India and provides services like
> colocation, managed server hosting, virtual private server and data
> security. It has launched cloud computing services,[4] offering
> product under its infrastructure as a server (Iaas) and software as a
> service (Saas) portfolio, which enables enterprises, mainly small and
> medium, a cost-effective IT infrastructure and application on pay-per-
> user model.
>
> Reliance Big TV Limited
>
> Reliance Big Tv launched in August 2008[5] and thereafter acquired 1
> million subscribers within 90 days of launch,[6] the fastest ramp-up
> ever achieved by any DTH operator in the world. Reliance Big TV offers
> its 1.7 million customers DVD-quality pictures on over 200 channels
> using MPEG-4 technology.
>
> Reliance Infratel Limited (RITL)
>
> RITL’s business is to build, own and operate telecommunication towers,
> optic fiber cable assets and related assets at designated sites, and
> to provide these passive telecommunication infrastructure assets on a
> shared basis to wireless service providers and other communications
> service providers under long-term contracts.
>
> Acquisition
>
> * FLAG Telecom
> * Yipes ethernet service
> * Digicable
>
> Offices
>
> Reliance Communications Limited has its offices in Ahmedabad,
> Bangalore, Bhopal, Chandigarh, Chennai, Hyderabad, Jaipur, Kochi,
> Kolkata, Lucknow, Patna and Pune.
>
> Subscriber base
>
> This section does not cite any references or sources.
>
> Please help improve this article by adding citations to reliable
> sources. Unsourced material may be challenged and removed. (February
> 2011)
>
> The Reliance Communication subscriber base according to COAI –
> Cellular Operators Association of India is over 105 million. This
> figure of 105 million is highly doubted by the industry experts:
>
> GSM
>
> Circle name Post paid Prepaid
> Andhra Pradesh 6182 1890923
> Delhi 19172 2054393
> Gujarat 19414 2480642
> Kerala 8049 901829
> Karnataka 18572 2168131
> Maharashtra & Goa 25288 3301389
> Mumbai 24884 2083175
> Punjab,Haryana & Himachal Pradesh 18630 2717375
> Rajasthan 6631 2628940
> Dhanbad 87695 10984683
> Tamil Nadu & Andaman 25704 1909641
> Not Defined 136636 345658
> Uttar Pradesh 9093 6430945
> West Bengal 8765 22154
> RCOM GSM – Total sub base 29262215
>
> Broadband
>
> Circle name Data Voice
>
> Andhra Pradesh 6182 1890923
> Delhi 19172 2054393
> Gujarat 19414 2480642
> Kerala 8049 901829
> Karnataka 18572 2168131
> Maharashtra & Goa 25288 3301389
> Mumbai 24884 2083175
> Punjab,Haryana & Himachal Pradesh 18630 2717375
> Rajasthan 6631 2628940
> Tamil Nadu & Andaman 25704 1909641
> Not Defined 136636 345658
> Uttar Pradesh 9093 6430945
> West Bengal 8765 22154
> RCOM GSM – Total sub base 29262215
>
> RTL
>
> Circle name Post paid Prepaid
>
> Assam 114942 1749992
> Bihar & Jharkhand 7482 4152577
> Calcutta 5524 2076028
> Himachal Pradesh 2344 999493
> Madhya Pradesh & Chhattisgarh 55911 4913590
> North-East 21454 520513
> Orissa 12684 2217043
> West Bengal 2481 3212510
> RCOM RTL – Total sub base 20064568
>
> CDMA
>
> Circle name Post paid Prepaid Prepaid PCO
>
> Andhra Pradesh 250597 4454341 476990
> Delhi 505724 3211875 114702
> Gujarat 288480 2992165 115298
> Kerala 200796 2054601 125214
> Karnataka 236288 3024954 253848
> Maharashtra & Goa 295534 3457329 275002
> Madhya Pradesh & Orissa 187860 4495163 139575
> Mumbai 555120 3223211 166858
> Punjab,Haryana & Himachal Pradesh 198497 2569998 92611
> Rajasthan 151260 2284651 96704
> Tamil Nadu & Andaman 304861 3854839 374900
> Uttar Pradesh 270627 7976083 265494
> West Bengal,Bihar & Jharkhand 240946 6606050 203919
> RCOM CDMA – Total sub base 56592965
>
> DTH
>
> Circle name Total
>
> Andhra Pradesh 209118
> Bihar 41245
> Chattisgarh 28965
> Delhi 73148
> Gujarat 109013
> Haryana 65358
> Himachal Pradesh 25822
> Jammu & Kashmir 28643
> Jharkhand 21060
> Karnataka 309007
> Kerala 171179
> Maharashtra & Goa 258365
> Madhya Pradesh 78525
> Mumbai 96609
> North East 28518
> Orissa 79011
> Rajasthan 177667
> Tamil Nadu 208692
> Uttar Pradesh (W) 124430
> Uttar Pradesh (E) 115058
> West Bengal 44280
> DTH – Total sub base 2334996
>
> References
>
> 1. ^ “The world’s largest next generation IP enabled connectivity
> infrastructure”. Retrieved 2010-04-14.
> 2. ^ “TRTL operates in Madhya Pradesh, West Bengal, Himachal
> Pradesh, Orissa, Bihar, Assam, Kolkata,chennai and Northeast offering
> GSM and cdma services”. Retrieved 2010-04-14.
> 3. ^ “Reliance Communications’ FLAG Telecom Announces FLAG NGN”.
> Retrieved 2010-04-14.
> 4. ^ “Microsoft, Press Releases, Business Wire India, Reliance
> Communications, IT solutions, Rajan Anandan”. Businesswireindia.com.
> 2009-10-28.http://www.businesswireindia.com/PressRelease.asp?b2mid=20443.
> Retrieved 2010-12-21.
> 5. ^ “Big TV launched in August 2008″. Retrieved 2010-04-14.
> 6. ^ “BIG TV crosses 1 Million Subscriber Mark Within The 90 Days
> of Launch”. Retrieved 2010-04-14.
>
> Factory 1b.svg Companies portal
>
> v · d · e
>
> Reliance Anil Dhirubhai Ambani Group
>
> Companies
>
> Reliance Communications · Reliance Capital · Reliance Power · Reliance
> Infrastructure · BIG Entertainment · BIGFlix · BIG FM 92.7 · BIG TV ·
> BIG Cinemas · BIGADDA · BIG Star Entertainment Awards · Reliance
> Health · Reliance Life Insurance · Reliance MediaWorks · Reliance
> Natural Resources · Reliance Anil Dhirubhai Ambani Group · Zapak ·
> Reliance General Insurance · Reliance World · Mumbai Metro One ·
> Reliance Venture · Delhi Airport Metro Express · Fiber-Optic Link
> Around the Globe · Java Green
>
> Notable non-Indian Companies
>
> Reliance Globalcom · Lowry Digital · DreamWorks (50%) · Vanco ·
> Codemasters
>
> Technological Institute
>
> DA-IICT
>
> Notable People
>
> Dhirubhai Ambani · Anil Ambani · Tina Munim · Lalit Jalan
>
> v · d · e
>
> Telecommunication companies in India
>
> Telecom
>
> GSM
>
> Aircel · Airtel · BSNL · Cheers Mobile Service · Idea Cellular ·
> Loop Mobile (Formerly BPL) · MTNL · Reliance · Spice Telecom ·
> Tata DoCoMo · Vodafone · Uninor · Videocon Mobile Service · S Tel ·
> Virgin Mobile India (MVNO)
>
> CDMA
>
> BSNL · MTNL · MTS India · Reliance · Tata Indicom · Virgin Mobile
> India (MVNO)
>
> Wireline
>
> BSNL · Airtel · MTNL · Reliance · Tata Indicom · Shyam Telelink
>
> MNP clearinghouse
>
> MNP Interconnection Telecom Solutions · Syniverse Technologies
>
> Internet
> Railtel · GAILTEL · You Telecom · Sify · BSNL · Bharti Airtel ·
> Reliance · MTNL · HFCL · Tata Teleservices · Spice Communications ·
> Alliance Broadband Services · Tikona Broadband · Wishnet · Spectranet
> ·
>
> Television
>
> DTH
> Airtel digital TV · BIG TV · DD Direct+ · Dish TV · Sun Direct DTH ·
> Tata Sky · Videocon D2H
>
> IPTV
> BSNL · Bharti Airtel · Reliance · MTNL
>
> CAS, Cable, HITS
>
> Hathway · DEN Networks · Digicable · CTV.in · Wire & Wireless India
>
> Terrestrial TV
> Doordarshan
> Radio
> MW
> AIR
> SW
> AIR
> FM
> Radio_IIMT 90.4 · Radio City 91.1 · Radio Indigo 91.9 · BIG FM 92.7 ·
> Red FM 93.5 · Radio One 94.3 · Hit FM 95 · Radio Mirchi 98.3 · AIR FM
> Rainbow 102.6 · Fever 104 FM 104.0 · Meow FM 104.8 · Radio Hello 106.4
> · Gyan Bharti 105.6 • Club FM 94.3 · Club FM 104.8 · Radio Mango 91.9
> · BEST FM 95 · Red FM 93.5 · Red FM 91.1 · Big FM 92.7 · Radio Mirchi
> 98.3 · Radio DC ·
>
> v · d · e
>
> India BSE SENSEX companies of India
>
> Bajaj Auto · Airtel · BHEL · Cipla · DLF · · HDFC · HDFC Bank · Hero
> Honda · Hindalco · HUL · ICICI Bank · Infosys · ITC · Jaiprakash
> Associates · Jindal Steel & Power Ltd · L&T · Mahindra & Mahindra ·
> Maruti · NTPC · ONGC · Reliance Communications · Reliance
> Infrastructure · RIL · SBI · Sterlite Industries · TCS · Tata Motors ·
> Tata Steel · Tata Power · Wipro
>
> Retrieved from “http://en.wikipedia.org/wiki/Reliance_Communications“
>
> Categories: Companies listed on the National Stock Exchange of India |
> Companies listed on the Bombay Stock Exchange | Companies based in
> Mumbai | BSE Sensex | Telecommunications companies of India | Internet
> service providers of India | Mobile phone companies of India | Private
> equity portfolio companies | Companies established in 2004
>
> * This page was last modified on 28 February 2011 at 09:16.
>
> * Text is available under the Creative Commons Attribution-
> ShareAlike License;
>
> Wikipedia® is a registered trademark of the Wikimedia
> Foundation, Inc., a non-profit organization.
>
> …and I am Sid Harth
>
> This entry was posted on 04/03/2011, 9:15 am and is filed under News,
> Views and Reviews. You can follow any responses to this entry through
> RSS 2.0. You can leave a response, or trackback from your own site.

library101

unread,

Mar 4, 2011, 2:37:08 PM3/4/11

to soccultur...@googlegroups.com, politics...@googlegroups.com

I ran into the 'Internet Text Modifiers Problem' again -
----------------------------------------------------------------------------

This post is only slightly different from the previous one :

I had to put back the quoted sentences from the original article in
proper order as I originally placed it when I posted it.

Also, I had to remove my initials to the end of my own writing so that
I do not take credit for someone else's writing.

They were duplicated in the wrong place by this 'Internet Text
Modifier' !

- HSN.

On Mar 4, 10:41 am, library101 <h.s.nair...@gmail.com> wrote:
> Blaming the Bogeyman for Voodoo Economics of Making the Margins and
> Residues
> and Profits by Killing The One Living God on Earth

> ----------------------------------------------------------------------------------------------------------------------------

>
> Are the rumours "baseless and motivated" ?

> "On Feb 9 alone, shares in six companies of Reliance ADA, Ambani’s

> conglomerate, dropped suddenly to wipe $2.5 billion off its market
> value. The billionaire blamed “baseless and motivated rumours” for
> the
> drop."

>
> We need to stick to Use of Reason, Truth and Non-Violence to avoid
> confusion, destabilization of the world and violence later on.
>
> Please find the truth and correct the language.
>
> We cannot blame the bogeyman for everything in Voodoo Economics.
>
>
> - HSN.

----------------------Original Post Excerpt shown
below-----------------------------