RCOM share price target 2023, 2024, 2025, and 2030: In this article, you will learn about RCOM (Reliance Communications) share price target 2023, 2024, 2025, and 2030, along with the fundamentals and financials of the company.
For every investor, it is important to know about the company in which they are investing, to get the confidence to hold the stock for the long term. To make it clear for you, in this article we have mentioned RCOM share price target 2023, 2024, 2025, and 2030, along with the fundamentals of the company.
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RCOM (Reliance Communications): Company Profile
Reliance Communications is India’s foremost and truly integrated telecommunications service provider, with a corporate customer base of over 40,000 Indian and multinational corporations, including small and medium enterprises, and close to 300 of the finest enterprise and carrier companies globally.
Reliance Communications touches 90 percent of the country’s population, supported by an OFC network of over 190,000 km. The Company also has a significant tower infrastructure that caters to other telecommunications operators.
Spread across India’s top 29 cities, Reliance Communications’ data solutions for Homes and Small Enterprises cater to buildings connected to the Reliance network. Reliance Communications also owns the world’s largest private undersea cable system under its subsidiary Global Cloud Xchange, which offers a comprehensive portfolio of solutions customized for Carriers, Enterprises, and New Media Companies globally.
GCX’s undersea cable system spans more than 67,000 route km, which, seamlessly integrated with Reliance Communications’ 200,000 route km of a domestic optic fiber backbone, provides a robust Global Service Delivery Platform for Enterprises. GCX is uniquely equipped to support businesses through the deployment of Next-Generation Enterprise solutions across its Cloud Delivery Networks. Since its inception in December 2002, Reliance Communications has been revolutionizing the way the world communicates, impacting not just lifestyles, but the very lives of its customers globally.
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Share Holding Pattern
RCOM Share Price Target 2023
India continues to be one of the largest telecommunications markets in the world, with around 1201.20 Million subscribers. During FY 2020-21 we saw the consolidation of the Indian mobile telecommunications market into three private players, besides the two PSUs. India has transformed from a multi-player hyper-competitive market to an Oligopoly and possibly moving towards a duopoly.
Given the legal and financial complications around the selling of spectrum, pending AGR dues, and the ongoing tax disputes with the government authorities, the industry players balance sheet is stretched with unsustainable debt, continued hyper price competition, and upcoming demands for high Capex on account of 5G and fiber expansion.
The consolidation has also led to the coming of specialist B2B strengths into sharp focus. Now that Reliance Communications is a pure-play B2B operator, the Company is able to better utilize its resources towards focused delivery of its services to the enterprise segment. Considering the opportunities RCOM has to grow its business in the future, RCOM share price target for 2023 is RS 3.
| RCOM share price target for 2023 |
| Rs 3 |
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RCOM Share Price Target 2024
RCOM provides Wholesale Voice services to Mobile Network Operators (MNOs), Fixed Network Operators (FNOs), Tier 1 Carriers, Calling Card Companies, and Over-the-Top (OTT) players across the world. Using its global Next-Generation Network (NGN), multiple international Voice PoPs and established relationships with Carriers across the globe, RCOM help carries Voice to almost every possible destination on the planet. RCOM share price target for 2024 is Rs 7.
| RCOM share price target for 2024 |
| Rs 7 |
RCOM Share Price Target 2025
RCOM will continue to enhance its network infrastructure and data center footprint across India in order to master the combination of Cloud Orchestration, Network Ubiquity Doing so will establish its strategic building blocks as RCOM continues to move towards becoming the technology infrastructure company of the next decade. RCOM infrastructure plan will focus on three key areas:
- Data Center Centric Networks- RCOM will continue to operate and expand distributed, focused compute and diverse compute centers at strategic locations across key markets in India.
- High-Speed Trunking between Data Centers – RCOM has built high speed data links between data centers based on the Forward Operating Center concept.
- Commoditized Low-Cost Last Mile Access, RCOM will further Branch Connect and low-cost UBRs and open FOCs to allow access to multiple last-mile providers. RCOM will access carrier interconnect centers in every major market seamlessly.
Considering all the above factors and opportunities RCOM has to grow its business in the future, RCOM share price target for 2025 is Rs 15.
| RCOM share price target 2025 |
| Rs 15 |
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RCOM Share Price Target 2030
RCOM continues to focus on its products and services portfolio, RCOM aims to continue to grow its revenue streams through the expansion of its portfolio of service offerings and specific sales and marketing initiatives aimed at increasing its Enterprise customer base across India and globally. Such efforts include a focus on new products and enhancements of its solutions portfolio, including VPN, Next-Generation Enterprise Networking, Branch Connect, IP Centrex, SIP Trunk, and SIP Toll-Free Service.
RCOM also continues to focus on the reduction of operating costs, In line with its growth, RCOM also focuses on cost management and margin expansion through various measures to reduce its operating costs and achieve cost optimization. RCOM has entered into sharing agreements also to lower its regulatory cash outflows as well as future Capex expansion needs.
RCOM operates a next-generation network that spans from New York all the way around the world to California linking up key Asian markets (such as India, Singapore, Hong Kong, and Japan) and Middle East markets (such as Dubai, Bahrain, and Oman).
RCOM’s focus is to connect these Emerging Markets to established markets in Europe and North America, offering ultra-high bandwidth services up to 100Gbps, facilitating the mass movement of Internet traffic, OTT content, and enterprise data and Cloud computing services.
Reliance Communications virtually pioneered third-party data centers in India. For close to two decades, leading enterprises have been availing its data center services. With nine world-class tiers 3+ data centers spread across the key business markets in India (Mumbai, Bengaluru, Chennai & Hyderabad), RCOM is a leading provider of data center services in the region. As most of the companies are moving towards digitization, RCOM will have a great opportunity to grow its business in data center services, considering the opportunities RCOM has in the future, RCOM share price target for 2030 is Rs 112.
| RCOM share price target 2030 |
| Rs 112 |
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RCOM Share Price Target 2023, 2024, 2025, and 2030
| Year | RCOM Share Price Target |
|---|---|
| RCOM share price target 2023 | Rs 3 |
| RCOM share price target 2024 | Rs 7 |
| RCOM share price target 2025 | Rs 15 |
| RCOM share price target 2030 | Rs 112 |
Frequently Asked Questions
What is the future of RCOM shares?
RCOM continues to focus on its products and services portfolio, RCOM aims to continue to grow its revenue streams through the expansion of its portfolio of service offerings and specific sales and marketing initiatives aimed at increasing its Enterprise customer base across India and globally. the future of RCOM shares will depend on the management, if management is able to generate profits in the coming quarters, then RCOM shares will rally, otherwise, it is very risky to invest in RCOM.
Is it good to invest in Reliance Communication?
If you a safe investor, then you need to stay away from Reliance communication. I would suggest you not invest in Reliance communication as the financials and fundamentals of the company are very poor.
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