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Reliance Communications plans to reduce its debt under Rs 20,000 crore in two years: Report

30 Sep 2014 Evaluate

Reliance Communications, the country's fourth-biggest mobile phone operator, is reportedly planning to reduce its debt to under Rs 20,000 crore in the next two years. As on August 2014, the company had a debt of Rs 35,500 crore. Further, the company is also planning to participate in spectrum auctions when they come up next year, to be able to launch fourth-generation (4G) telecommunications services in the country.

Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of about 150 million, including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country.

Reliance Communs. Share Price

0.90 -0.02 (-2.17%)
03-Jul-2026 16:59 View Price Chart
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