Reliance Creates Globalcom

Reliance Communications consolidates global telecom business under the brand 'Reliance Globalcom'

February 20, 2008

2 Min Read

SAN FRANCISCO -- Reliance Communications Limited, India’s largest integrated telecommunications provider, under a significant consolidation of its global telecommunications business and operations, has announced the new brand “Reliance Globalcom” for all of its global initiatives. Reliance Globalcom brings under its fold a diverse portfolio of global communications business services, including global voice, managed network, carrier Ethernet, and fiber capacity businesses, into a single group.

“In creating Reliance Globalcom, we are aligning our global communications strategies into a single vision to create one of the top five global communications companies in the world,” said Mr. Anil Ambani, chairman of Reliance Communications. “Reliance Globalcom, which is structured to serve the existing and emerging fast-growing demands of our global customers, will add significant value to the shareholders of India’s largest and most-profitable telecom enterprise.”

Reliance Globalcom will target the fast-growing potential in the global telecom arena with addressable revenue potential of U.S. $285 Bn. With the consolidation of its global business, Reliance Globalcom will have annualized start-up revenues of U.S. $1.32 Bn and EBIDTA of U.S. $334 Mn.

Reliance Globalcom will deliver a broad portfolio of data and voice services spanning the enterprise, wholesale, and consumer segments by leveraging FLAG’s global telecom infrastructure and Yipes’ expertise in plug-and-play Ethernet technology. The voice services popularly known as Reliance India Call, Reliance Global Call, Reliance Netcall, and Reliance Passport will also come under the fold of “Reliance Globalcom.”

As part of this significant consolidation to accelerate the growth of global business, Reliance Communications also announced the alignment of its subsidiaries. Yipes Enterprise Services, Inc. has changed its name to Reliance Globalcom and will now represent the Enterprise business unit of the company. FLAG Telecom, which has world’s largest undersea cable system, has been rebranded as “Reliance FLAG.” Reliance Globalcom will also tap the exponential growth potential in the emerging areas of network operating centers, hosting and storage services, call center solutions, and voice portals, among others.

Reliance Globalcom will have a presence in over 50 countries and the top twenty financial cities in the world, including New York, London, Tokyo, Paris, Chicago, Toronto, Frankfurt, Seoul, Taipei, Hong Kong, Beijing, Shanghai, San Francisco, Los Angeles, Singapore, Rome, and Milan. The company will leverage the world-class, fully IP-enabled global infrastructure of Reliance Communications and its subsidiaries, including 175,000 km of optic fiber and 20,000 km of Ethernet backbone in the U.S.

Reliance Communications Ltd. (RCom)

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