Tag: Reliance Communications
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Telecom tower cos face pressure due to ailing Reliance Communications
Reliance Communications is facing pressure from some of the telecom tower companies including Indus Towers, GTL, American Tower Company, Bharti Infratel, etc. to clear...
What’s next for Reliance Communications and Aircel after dropping merger
Anil Ambani-promoted Reliance Communications on Sunday announced that it will drop its merger plans to grab small rival Aircel, a company owned by Maxis.
The...
Anil Ambani not to draw salary from Reliance Communications
Anil D Ambani, chairman of Reliance Communications, will not receive salary and commission during the current financial year.
The debt-hit Reliance Communications, which is on...
Telecoms debt crisis: Fitch Ratings downgrades Reliance Communications’ IDR
Fitch Ratings has downgraded India-based Reliance Communications’ long-term foreign- and local-currency issuer default ratings (IDR) to RD from CCC.
Fitch has also downgraded the rating...
RCOM in debt crisis: Lenders to give 7 months time to complete deals
Indian business man Anil Ambani-promoted Reliance Communications (RCOM) said its lenders will give seven months time to complete its deal with Aircel and Brookfield...
