Monday, 28 May 2018

RCom swings to €162m fiscal Q1 loss

By Nick Wood, Total Telecom
Tuesday 15 August 17

Struggling Indian operator laments 'unprecedented competitive intensity' as revenue plunges 33%.

Reliance Communications this week revealed it swung to a fiscal first quarter loss, as India's relentless price war took its toll. Revenue in the three months to 30 June plunged 33% year-on-year to 35.91 billion rupees (&euro…

Reliance Communications this week revealed it swung to a fiscal first quarter loss, as India's relentless price war took its toll. Revenue in the three months to 30 June plunged 33% year-on-year to 35.91 billion rupees (&euro…

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