Tuesday, 11 December 2018

RCom withholds debt payments

By Nick Wood, Total Telecom
Thursday 16 November 17

Struggling Indian operator under 'standstill period' until December 2018

Reliance Communications revealed this week that it is not paying its lenders or bondholders. The disclosure was made after the Bombay Stock Exchange sought clarification from the beleaguered Indian telco regarding reports it was defaulting on repayments…

Reliance Communications revealed this week that it is not paying its lenders or bondholders. The disclosure was made after the Bombay Stock Exchange sought clarification from the beleaguered Indian telco regarding reports it was defaulting on repayments…

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