Flag Telecom
Encyclopedia
Reliance Globalcom is a division of Reliance Communications, an India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n integrated telecommunications service provider. Reliance Globalcom provides global managed network solution
Solution
In chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...

s and services, and has network management capability in partnership with carrier partners. The company also offers a portfolio
Portfolio
Portfolio literally means "a case for carrying loose papers," ....

 of retail products and services consisting of global voice, internet solution
Solution
In chemistry, a solution is a homogeneous mixture composed of only one phase. In such a mixture, a solute is dissolved in another substance, known as a solvent. The solvent does the dissolving.- Types of solutions :...

s 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
Ethernet
Ethernet is a family of computer networking technologies for local area networks commercially introduced in 1980. Standardized in IEEE 802.3, Ethernet has largely replaced competing wired LAN technologies....

 network capability serves India, the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

, Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...

, and the Asia Pacific region.

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
Vanco
Vanco Group Limited is a British telecommunications company. It is a Virtual Network Operator, owning no network infrastructure itself, but providing management services and reselling network from other telecommunications suppliers...

 was a global Virtual Network Operator
Virtual Network Operator
A Virtual Network Operator is a provider of management services and a reseller of network services from other telecommunications suppliers that does not own the telecommunication infrastructure. These network providers are categorized as virtual because they provide network services to customers...

. The acquisition of Vanco in May 2008 added $365 million (Rs. 1,550 crore) to the annual revenue of Reliance Globalcom, and increased Reliance Globalcom's tally of enterprise customers to over 1,400. Vanco's customer base included AVIS
Avis
-Businesses:*Avis Budget Group, founded in 2006 as the successor company to Cendant Corporation**Avis Rent a Car System, a car rental company**Avis Worldwide Foreign Education Services, a worldwide foreign education company formed and owned by Sandeep S Pillai....

, British Airways
British Airways
British Airways is the flag carrier airline of the United Kingdom, based in Waterside, near its main hub at London Heathrow Airport. British Airways is the largest airline in the UK based on fleet size, international flights and international destinations...

, Siemens
Siemens
Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG...

, Virgin Megastores. Through this acquisition, Reliance Globalcom added nine Network Management
Network management
Network management refers to the activities, methods, procedures, and tools that pertain to the operation, administration, maintenance, and provisioning of networked systems....

 Centers to its global service systems and processes.

Yipes acquisition

In December 2007 Reliance Communications Ltd. received approval from the U.S. Federal Communications Commission
Federal Communications Commission
The Federal Communications Commission is an independent agency of the United States government, created, Congressional statute , and with the majority of its commissioners appointed by the current President. The FCC works towards six goals in the areas of broadband, competition, the spectrum, the...

 (FCC) for the merger of U.S. based Yipes Holdings, Inc. Reliance Communications announced the U.S. $300 million acquisition of Yipes in July 2007.

Reliance Communications

Reliance Communications Limited founded by Dhirubhai Ambani
Dhirubhai Ambani
Dhirajlal Hirachand Ambani also known as Dhirubhai, was an Indian-Gujarati business magnate and entrepreneur who founded Reliance Industries, a petrochemicals, communications, power, and textiles conglomerate and the only privately owned Indian company in the Fortune 500. Ambani took his company...

 (1932–2002) is the flagship company of the Reliance Anil Dhirubhai Ambani Group
Reliance Anil Dhirubhai Ambani Group
Reliance Anil Dhirubhai Ambani Group is one of India's largest conglomerates, headquartered in Navi Mumbai, India. The company, which was formed after Dhirubhai Ambani's business empire was divided up, is headed by his younger son Anil Ambani. It has a market capitalization of US$ 15 billion,...

. The Reliance Anil Dhirubhai Ambani Group currently has a net worth in excess of Rs. 64,000 crore (US$ 13.6 billion), cash flows of Rs. 13,000 crore (US$ 2.8 billion), net profit of Rs. 8,400 crore (US$ 1.8 billion).

See also

  • Anil Ambani
    Anil Ambani
    Anil Dhirubhai Ambani is an Indian-Gujarati business baron and chairman of Reliance Anil Dhirubhai Ambani Group, one of the largest private conglomerates. Anil's elder brother, Mukesh Ambani, is worth more than 29 billion dollars, and owns another company called Reliance Industries...

  • Reliance Communications
    Reliance Communications
    Reliance Communications Ltd. is an Indian broadband and telecommunications company headquartered in Navi Mumbai, India. RCOM is the world's 16th largest mobile phone operator with over 144 million subscribers. Established on 2004, a subsidiary of the Reliance Group...

  • Vanco
    Vanco
    Vanco Group Limited is a British telecommunications company. It is a Virtual Network Operator, owning no network infrastructure itself, but providing management services and reselling network from other telecommunications suppliers...

  • Yipes
    Yipes
    Yipes is a pop-o-matic board game similar to Trouble in which players compete to be the first player to the end of the board, thus turning into the "Monster." The game adds a twist by having all players reverse direction when this occurs, with the "Monster" attempting to pass eating the remaining...

  • FALCON (cable system)
    FALCON (cable system)
    FALCON is a submarine telecommunications cable connecting India and several countries in the Persian Gulf. As part of the Fiber-Optic Link Around the Globe, the cable is operated by India's Flag Telecom, a fully owned subsidiary of Reliance Communications....

  • Flag telecom Fiber-Optic Link Around the Globe
    Fiber-Optic Link Around the Globe
    Fiber-Optic Link Around the Globe is a 28,000-kilometer-long submarine communications cable containing optical fiber that connects the United Kingdom, Japan, and many places in between. The cable is operated by India's Flag Telecom, a fully owned subsidiary of Reliance Communications. The system...

  • Telecommunication
    Telecommunication
    Telecommunication is the transmission of information over significant distances to communicate. In earlier times, telecommunications involved the use of visual signals, such as beacons, smoke signals, semaphore telegraphs, signal flags, and optical heliographs, or audio messages via coded...

  • 2008 submarine cable disruption
    2008 submarine cable disruption
    2008 submarine cable disruption refers to three separate incidents of major damage to submarine optical cables. The first incident caused damage involving up to five high-speed Internet submarine communications cables in the Mediterranean Sea and Middle East from 23 January to 4 February 2008,...


External links

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