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RCom to exit telecom business completely to focus on realty

18 Sep 2018 Evaluate

Reliance Communications (RCom) will be completely exiting the telecom business to concentrate on real estate in future. The company is credited for democratising telecom services through cheaper offers in early 2000s and the first priority of the company is to resolve its over Rs 40,000 crore debt. Reliance Realty will be the engine of growth for the future of this company.

Rcom is India’s foremost and truly integrated telecommunications service provider.


Reliance Comm Share Price

1.05 0.01 (0.96%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Bharti Airtel 1846.55
Vodafone Idea 9.62
Indus Towers 412.35
Tata Communications 1521.05
Bharti Hexacom Ltd. 1538.30
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