- Business
- Reliance Communications Limited (RCOM.NS) operates as an Indian telecommunications company providing enterprise-focused connectivity and communication services amid ongoing corporate insolvency resolution process. Incorporated in 2004 and headquartered in Navi Mumbai, Maharashtra, the company offers national and international private leased circuits; broadband internet access including fixed-line, mobile, and enterprise broadband; audio solutions such as Centrex and toll-free services; voice VPN; video conferencing; MPLS-VPN and remote access VPN; managed internet data centre services; business internet; network connectivity; cloud networking; enterprise voice; cloud telephony; access number services; collaboration services; and wholesale voice, primarily targeting corporate customers, government segments, and carriers across India with legacy global reach through subsea cable networks under the former Global Cloud Xchange banner. As of March 2020, RCOM reworks its strategy to focus on 4G data services, fixed-line communications, data center services, and enterprise solutions following the shutdown of consumer wireless voice operations and asset sales including spectrum, fiber, and towers to Reliance Jio in 2022 for Rs 3,720 crore. In 2025, the company awaits National Company Law Tribunal approval of its resolution plan, approved by 100% of creditors, amid challenges from banks like Bank of India, State Bank of India, and Bank of Baroda classifying pre-CIRP loans as fraudulent, with insolvency proceedings initiated since 2019 over debts exceeding Rs 46,000 crore.