Reliance Communications Aims to Bring Debt Under Rs 20,000 crore in Two Years: Anil Ambani

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Reliance Communications Ltd aims to bring its debt to under Rs 20,000 crore in the next 24 months, Chairman Anil Ambani told shareholders on Tuesday.

Reliance Communications, India’s fourth-biggest mobile phone operator, is the most leveraged among publicly traded telecom carriers. The company had a debt of Rs 35,500 crore as of August 14. More here

Wahengbam Rorrkychand

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