Credit Rating agency Credit Analysis & Research (CARE) has revised rating of Reliance Communications’ long term bank facility to ‘BB’ from ‘A-’. The rating agency has also revised the company’s short term bank facility to ‘A4’ from ‘A2+’.
Reliance Communications is India's foremost and truly integrated telecommunications service provider. The Company has a customer base of nearly 95 million including over 2.6 million individual overseas retail customers.