Rcom share support and resistance forex
The company is one among the only 3 operators who won in 13 circles, the highest circle coverage for any existing player. The company won in all the 3 metros namely Mumbai, Delhi and Kolkata and also in all those circles in which the Company has GSM incumbents. In December 13, , the company became the first operator to offer 3G services to customers in top 3 metro circles namely Mumbai, Delhi and Kolkata.
The Company is awaiting regulatory approvals for completing this transaction. In March 9, , the company signed facility agreement with China Development Bank CDB which includes Rs 6, crore for refinancing 3G spectrum fee payment by the company and Rs 2, crore for equipment imports from Chinese Vendors by the company and Reliance Telecom Ltd.
During the year, Reliance Mobile Commerce Limited became the wholly owned subsidiary of the company. Global Innovative Solutions Pvt Ltd, a wholly owned subsidiary of the company was amalgamated with the company with effect from May 25, The appointed date was April 1, The appointed date was January 1, In January , the company acquired AnComm, creator of Talk About It, the anonymous communication service that allows students to speak up by engaging in text message or email dialogue with trusted school staff members.
The company partners with Big Flix to provide movies to its 3G subscriber. In , the company entered into a billion dollar contract with Alcatel-Lucent in a bid to improve network performance and customer experience to offer Next Generation telecom solutions across multiple devices and platforms. The company launches first of its kind customer delight program in India.
Reliance Globalcom delivers first circuit to Mobily on newly launched Hawk cable system -Reliance Communications partners with Twitter in India. R Com expands 3G services to 18 circles. Reliance Commu. During the year , Internet Exchangenext. For the remaining 4 circles viz. Karnataka, Kerala, Tamilnadu and Rajasthan, approvals have been received in May This is as per the Guidelines for Grant of UL, which mandates migration to Unified License on expiry of current license, to ensure continuity of services.
Customer is charged Rs 10 Rs 2 convenience fee, which is recovered, post their next talktime recharge. In FY16, the Company launched a unique proposition giving unlimited calls free to any local and STD Reliance number from home circle and also during national roaming. Calls made to any landline Local and STD are free from both home and roaming location.
Unlimited on net and landline is coupled with free daily entitlement of 30 min for all off-net calls. Incoming calls during roaming are also free. RCOM will acquire approx. Rs 1, crore of annual revenues by virtue of this transaction. The Appointed date is the Effective date.
The Scheme is also approved by the Department of Telecommunications, subject to fulfillment of certain conditions. Upon fulfillment of said conditions, the Scheme will be made effective and the Company will be required to allot The Company has also received approval of the Competition Commission of India. During the year , Aircom Holdco B. A total of Seven Operators applied for bidding in the Auction. Approximately MHz unpaired of spectrum was put for Auction.
No bids were put for spectrum in MHz and MHz bands. The market is likely to consolidate taking cues from global peers. Immediate resistance on Nifty is at 5,, while strong support is at levels. The broader index touched a high of The share index touched intraday low of The short term trend for Nifty still remains under vision to see if we manage to break above on the higher side for a big move to trigger.
This current uptrend could damage only if nifty future starts trading below the short term day EMA of in the near term. BSE Midcap Index was up 0. BSE Power Index was down 0. DLF 1.


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