RCom to sell mobile, fibre assets to pay off debt

Indian operator to ditch consumer telecoms business, including mobile, and focus instead on enterprise and carrier markets

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Reliance Communications on Monday unveiled a debt restructuring plan that will see it sell off certain key assets, including mobile spectrum and fibre infrastructure, as part of a debt restructuring plan that will leave lenders with control of a new company with no exposure to the consumer mobile market. The new RCom will have a reduced debt burden and will focus on the enterprise and carrier markets…

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