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November 27, 2015 11:14 AM ET

IT Services

Company Overview of Reliance Globalcom Services, Inc.

Company Overview

Reliance Globalcom Services, Inc. provides managed network and application delivery services for the global enterprise. It provides Ethernet services, including managed metro Ethernet, managed WAN Ethernet, and managed WAN VPLS; managed Ethernet-based financial Extranet service; managed Internet services; colocation services; and international private line service for enterprise connectivity. The company serves various industries, including financial, legal, healthcare, enterprise, education, and government. The company was formerly known as Yipes Enterprise Services, Inc. and changed its name to Reliance Globalcom Services, Inc. in February 2008. The company is based in San Francisco, Calif...

114 Sansome Street

11th Floor

San Francisco, CA 94104

United States





Key Executives for Reliance Globalcom Services, Inc.

Chief Executive Officer
Age: 49
Co-Founder and Strategic Advisor
President Of Enterprise and Chief Operating Officer Of Enterprise
President of New Data Business Unit
Age: 51
Compensation as of Fiscal Year 2015.

Reliance Globalcom Services, Inc. Key Developments

Reliance Communications To Monetize Noncore Assets

Reliance Communications Ltd. (NSEI:RCOM) intends to monetize its noncore assets in order to reduce the debt-to-Ebidta ratio to about 3 in 18-24 months. The company intends to hive off DTH business, divest stake in international operations at Reliance Globalcom Services, Inc. and a possible divestment in its tower unit Reliance Infratel Limited, among others. “We are looking to bring down our debt-to-Ebidta ratio to around 3 within 18-24 months and are looking at monetising our non-core assets to deleverage the balance sheet,” Reliance Communications’ (RCom) Chief Executive Officer (consumer business) Gurdeep Singh said. He added: “For this, we are looking at hiving off the DTH business, stake sale in our international operations at Reliance Globalcom, monetization of our real estate assets, as well as a possible divestment in Reliance Infratel, which handles our towers portfolio.”

Reliance Globalcom Appoints Rory Cole as Chief Financial Officer

Reliance Globalcom announced the appointment of Rory Cole as Chief Financial Officer of its three offshore businesses, comprising FLAG, Yipes and Vanco. Mr. Cole will have overall responsibility for global finance including management, planning and strategic initiatives. He previously served as Chief Operating Officer of Reliance Globalcom's Data and Voice business units focused on providing services to Carriers and ISPs globally.

Reliance Globalcom Names Bill Barney as CEO of its Three Offshore Businesses

Reliance Globalcom announced the appointment of Mr. William (Bill) Barney as CEO of its three offshore businesses, comprising FLAG, Yipes and Vaneo. A veteran of the telecommunications industry, Mr. Barney's career spans more than 15 years in Asia. During his 10-year tenure as CEO of Pacnet, Mr. Barney led the company's successful acquisition of regional ISP, Pacific Internet, which operationaHy merged with Asia Netcom and re-launched as Pacnet in January 2008. Prior to Pacnet, Mr. Barney served as Asia Pacific President and CEO for MCI Worldcom (Verizon) where he led the company through a three-digit growth phase. Mr. Barney's appointment is effective immediately, and he will operate out of Hong Kong and Mumbai.

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