Reliance Telecom Ltd to demerge back into RCom

Q.  Reliance Telecom Ltd will demerge operations into which company?
- Published on 27 Jun 16

a. Reliance Jio
b. Reliance Power
c. Reliance Communications
d. Reliance Group

ANSWER: Reliance Communications
 
Reliance Telecom Ltd is a wholly owned unit of Reliance Communications and will emerge operations in 5 circles back into RCom allowing customers seamless 3G and 4G services.
  • Consolidation of RCom Wireless Business under one entity will be demerged at a later date and merged with Aircel
  • RCom informed the stock exchange that subsidiaries will derringer the circles of Bihar, HP, Jharkhand, MP, Chattisgarh, Odisha and West Bengal
  • Company will benefit from maximisation of synergies in operational processes, logistics alignment leading to economies of scale and increased customer experience
  • Reliance Communications Q4 net profit fell 22 percent
  • 3G and 4G/LTE network resources and platforms under single license per service area, customers will obtain seamless services and compliance requirements will be attained by the company under applicable regulations
  • RCom will demerge the wireless business and merge it with existing unlisted Aircel with promoters of both sides owning 50 percent in the new entity

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