MoneyWorks4Me

RCOM makes full repayment of syndicated ECB loan facility of $500 million on due date

10 May 2013 Evaluate

Reliance Communications (RCOM) has made full repayment of a syndicated ECB loan facility of $500 million (over Rs 2,700 crore) on the due date. The loan was taken in 2007 from a group of international banks.

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.

Peers
Company Name CMP
Bharti Airtel 1839.00
Vodafone Idea 14.24
Indus Towers 380.20
Tata Communications 1793.45
Railtel Corp. India 259.10
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