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CARE reaffirms long term rating of Reliance Communications as ‘A-’

29 Dec 2012 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has reaffirmed the long term rating of Reliance Communications (RCOM) as ‘A-’ (removed credit watch). The rating agency has revised the rating for short term debt of the company to ‘A2+’.

RCOM 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.

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