Reliance Globalcom

Reliance Globalcom

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Reliance Globalcom

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Description:
Reliance Globalcom is a division of Reliance Communications, an Indian integrated telecommunications service provider. Reliance Globalcom provides global managed network solutions and services, and has network management capability in partnership with carrier partners. The company also offers a portfolio of retail products and services consisting of global voice, internet solutions and value added services with 2.5 million retail customers in 163 countries on six continents.

Reliance Globalcom owns an undersea cable system spanning 65,000 kilometres which is integrated with Reliance Communications' domestic optic fiber which runs over to 190,000 kilometres. Reliance Globalcom's global VPLS enabled Ethernet network capability serves India, the United States, Europe, Middle East, and the Asia Pacific region.

History

Flag acquisition

Flag Telecom started in 1990 as a provider of international wholesale network transport and communication services, with 50,000 km of undersea cables. In 2001 Flag filed for bankruptcy under chapter 11. In 2002 it emerged from bankruptcy. In January 2004 Reliance Infocom (now renamed Reliance Communications) acquired Flag Telecom for a valuation of US$211 million for a control of 100% equity of the company. After the merger Flag was renamed Reliance Globalcom.

Vanco acquisition

Established in 1988, Vanco was a global Virtual Network Operator. The acquisition of Vanco in May 2008 added $365 million (Rs. 1,550...
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