CARE revises long term rating of RCOM at ‘A+’ level

Credit rating agency, Credit Analysis & Research (CARE) has revised the long term rating of Reliance Communications (RCOM) at ‘A+‘ level with credit watch.  The rating agency has also reaffirmed its rating of ‘A1+’ for the short term debt of the company.

Reliance Communications is India's foremost and truly integrated telecommunications service provider. The company has established a pan-India, next generation, integrated (wireless and wireline),convergent (voice, data and video) digital network that is capable of supporting best-of-class services spanning the entire communications value chain, covering over 24,000 towns and 600,000 villages.