Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the long term facility rating as ‘A-‘ of Reliance Communications (RCom). It has also reaffirmed the short term debt issue rating as ‘A2+’.
Further, the rating agency has also assigned ‘A2+’ rating for short term non-fund based facilities of the company.
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.