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Posted by smithmorgan on August 9, 2024 at 5:14pm 0 Comments 0 Likes
Posted by smithmorgan on August 9, 2024 at 5:14pm 0 Comments 0 Likes
Posted by smithmorgan on August 9, 2024 at 5:13pm 0 Comments 0 Likes
It expects Jio, which has battered the market with highly subsidized prices and phones as it claims market share, to continue offering cheaper tariffs. RCom&squishy pizza toy39;s net debt to EBITBA ratio is more than 9 times. Reliance Communications' balance sheet troubles, which have wiped off more than a third of its value this month, have thrown into sharp relief the squeeze afflicting India's telecoms sector: fickle users, wafer-thin margins and crippling debt.RCom itself puts overall borrowing in the sector at 8 trillion rupees ($124 billion), while overall EBITDA was 530 billion rupees ($8. It said on Monday it was in talks with banks to defer loan repayments due over the next four months.RCom, owned by billionaire Anil Ambani, is a relatively small player in an industry dominated by the likes of Bharti Airtel and Vodafone, and its financial position is considerably wor
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