Global credit rating agency Fitch has withdrawn ratings assigned to debt-ridden Reliance Communications (RCom) for commercial reasons. Accordingly, Fitch will no longer provide ratings or analytical coverage for RCom.
The rating agency has withdrawn ‘C’ rating of the company’s Long-Term Foreign and Local Currency Issuer Default Ratings and Bonds listed in Singapore Stock Exchange.
Reliance Communications is India’s foremost and truly integrated telecommunications service provider.