- 900 exclusive flagship retail showrooms on High streets/Malls with world class design & layout,
- High quality reach & national footprint through 5,000 distributors & over 1 mn retailers,
- Over 20,000 full-time direct & indirect sales force to cater to corporate and retail customers,
- Dimensioned to handle over 35 mn sales transactions annually,
- Tie-up with leading bank ATMs to provide Any Time Recharge (ATR)
It has also, tied-up with Samsung, HTC & LG for ten new smartphones and one tablet. Reliance Communications Ltd, continues to maintain stable & healthy RPM since the last 10 quarters despite intense pricing pressure. It is able to maintain a revenue growth with stable margins in hyper-competitive environment. Reliance Communications Ltd is among Top 15 largest international long distance carrier with over 15 billion minutes of traffic. It has 2.5 million retail customers in 14 countries. It is the world’s largest private submarine cable system owner and capacity provider. It is a leading NLD Infrastructure provider in India. It is among Top 11 Managed Services providers in the U.S. and Europe (Gartner Report March 2010). It is amongst Top 10 Data Centers in the world and # 1 in India (in terms of Saleable space). It caters to 2.5 million retail customers in 14 countries and 380 corporates have contracted these services in 3 continents. It has 1.25 million broadband customers in India.
It has scalable and proven infrastructure and capabilities are in place, which targets to scale up the business. It has 60,000+ managed sites with reach in 160 countries and territories. It has Metro Ethernet connectivity across 26 Metros outside India. It is the biggest Data Center player in India with more than 550,000 sq ft of space. It has 18 (9 India; 9 Outside India) Data Centers across the globe with more than 550,000 sq ft of facilities space. It is expanding capacity to cater to fast growing demand.
It has over 200 customers based on strong long term relationships with over 70% repeat orders; particularly strong in Asia, the Middle East and India. It is Among Top 5 Managed Network Service providers with over 200 global corporate customers.
It is among the Top 6 Global Ethernet Service providers with over 1,200 customers in US alone; # 1 or # 2 service provider to world’s top exchanges including CME, NYSE, NASDAQ; Serve 850 of top 1000 enterprises in India. It has over 2.5 million retail customers in 14 countries including U.S, Canada, U.K., Australia, New Zealand, Hong Kong, Singapore, France, Canada, Spain, Belgium, Netherlands, Austria and India.
(i) Peak investment phase over: RCOM continues to be free cash flow positive. This trend is likely to continue in succeeding years.
Therefore I find that at Rs.54.85, the scrip is nowhere near the target price of around Rs.120--130