Reliance Communications started its operations in 1999 and is under the Anil Dhirubhai Ambani Group (ADAG) of companies. The company Reliance Communications Limited has been set up with the aim of providing communication and information to people at affordable price.
The company Reliance Communications business includes the whole range of services related to the telecom sector such as fixed line telephones and mobiles. The business of the company also includes services like broadband, data services, international and national long distance services. Reliance Communications also provides to its customers a wide range of value added applications and services. The company is able to provide such a vast range of services to its customers for it has a high- capacity, reliable, convergent, and integrated digital network.
The Company Reliance Communications Limited in order to provide the best quality of services to its customers laid down 60,000 kilometers of optic fiber all across India. The company launched the Reliance Mobile services in December 2002 and this has helped to increase the subscriber base of the company. The company Reliance Communications Limited's subscriber base has increased a lot over the years and at present stands at 38 million. The company provides telecommunication services to individuals and enterprises. Reliance Communications Company has become the leading telecommunication integrated company in India and the chairman of the company is Anil Ambani.
Reliance Communications Company's total revenue amounted to Rs.35, 260 million in 2005- 2006 and the next year, this figure stood at Rs.45, 785 million. The net profit of the company amounted to Rs.7, 023 million and the next year, this figure increased to Rs.13, 046 million. This shows that the company Reliance Communications Limited's total revenue and net profit has registered a significant growth in one year. The company is listed on the Bombay Stock Exchange and National Stock Exchange. The company Reliance Communications Limited added a record number of subscribers in December 2006 that is 1.4 million.
The company Reliance Communications Limited's market capitalization reached the top with Rs.1 lakh crore on the Bombay Stock Exchange in February 2007. The company has bagged the E- Governance project of the West Bengal government in May 2007. The company Reliance Communications has won the Frost and Sullivan Market Leadership Award in October 2005 and also the CDMA Industry Achievement Award for International Leadership in October 2004. This shows that Reliance Communications has been doing very good work that has been recognized by the industry. And this is the reason that the company has received so many awards.
Reliance Communications Limited further plans to expand its operations and also plans to upgrade its technology. This is sure to help the company serve its customers better and will also increase its subscriber base. The Company Reliance Communications Limited should always try to provide the best quality of services to its customers for this would lead to customer satisfaction and loyalty. And this will in turn help the company to grow and prosper even more.
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