MoneyWorks4Me

In a bid to increase its data business, Reliance Communications (RCom) is planning to invest Rs 1,500-2,000 crore in the current fiscal.

The company reported a 46% jump in its net profit at Rs 228 crore mainly due to increased revenue from wireless Internet business and rise in post paid customers. Contribution of non-voice segment, largely dominated by data, rose to 25.2% of the revenue during Q4-FY15, up from 23.5% during the same period a year ago.

RCom is India’s foremost and truly integrated telecommunications service provider. The company ranks among the Top 4 Telecom companies in the world by number of customers in a single country.

 

Peers
Company Name CMP
Bharti Airtel 1827.50
Vodafone Idea 14.23
Indus Towers 380.25
Tata Communications 1792.45
Railtel Corp. India 259.30
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