SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RCom hives off M2M communication business into new IoT business: Report

16 Nov 2016 Evaluate

Reliance Communications (RCom) has reportedly hived off its Machine-to-Machine (M2M) communication business into a new Internet of Things (IoT) business entity called ‘Unlimit’. The company has partnered with Cisco Jasper, Cisco’s IoT business division, to launch its first few IoT products in India under Unlimit.

RCom had tied up with IoT company Jasper last year post which the company was acquired by Cisco. Now called Cisco Jasper, the company will offer its IoT platform and other IoT products to Unlimit under a revenue share agreement.

Reliance Communications is India’s foremost and truly-integrated telecommunications service provider. The company has a customer base of over 111 million, including over 2.6 million individual overseas retail customers.


Reliance Comm Share Price

1.04 -0.01 (-0.95%)
20-Apr-2026 12:53 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1853.20
Vodafone Idea 9.64
Indus Towers 406.50
Tata Communications 1513.20
Bharti Hexacom Ltd. 1550.65
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×