SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.



RCom, GCX plan to expand connected data centers across India, RCom rises 2%

Reliance Communications (RCom) and its subsidiary, Global Cloud Xchange (GCX), shared updates on the company’s strategic transformation plan and the former’s commitment to the growth and enhancement of its fixed-line communications, data center, subsea cables, and enterprise services globally.

“As the company moves into a new era of operations, we remain fully committed to our enterprise wireline business across India and globally,” Bill Barney, CEO of RCOM and GCX, said.

“We will continue to operate and accelerate our business, delivering best-in-class and uninterrupted services to our customers. We are currently undertaking a series of key initiatives to significantly enhance our network infrastructure, processes and people capabilities,” Barney added.

The company’s planned expansion of its data center footprint, along with ownership of the world’s largest private subsea cable system, has already aligned RCOM/GCX with top OTT and technology partners worldwide, paving the way into the next stage of global cloud acceleration and adoption.

Within India, RCOM is also in the process of aligning network opportunities with strategic partners to enable further deployment of fiber across the country, which will enhance scalability and diversity to meet domestic business requirements.

With the recent completion of the company’s hyperscale data center in Mumbai, an entirely new ecosystem has opened up to accommodate the speed of Cloud acceleration and increase in Cloud infrastructure, PaaS and global connectivity requirements of enterprises within India and globally. The new facility will have direct connectivity into GCX’s new EAGLE express subsea cable system, which will deliver the fastest routes from Mumbai, going east to Hong Kong and west to Italy.

According to Barney, “We plan to further expand our connected data centers across key hubs in India, including Bengaluru, Hyderabad and Chennai. We have lined up key Cloud provider partners to further leverage our facilities as aggregation points across India.”

Reliance Communications Ltd is currently trading 2.16% at Rs11.80 from its previous close of Rs11.55 on the BSE.

The scrip opened at Rs11.80 and has touched a high and low of Rs12.05 and Rs11.50 respectively.

Financial Advisory which means a lot to a Financial trader and we can do a best with your investments with all mandatory work skills subscribe us now and get two days Free Trial >> Bonaz Capital