Reliance Jio entry may pressurize RCom: Fitch
RCom may face challenges due to higher competition in the data market after the entry of Mukesh Ambani's telecom venture Reliance Jio in the second half of 2016, according to Fitch Ratings. The firm however added that RCom's ownership of a pan-India spectrum in 800MHz/850MHz and its ability to offer faster 4G data services could help it fend off the competition, to some extent. According to Fitch Ratings, RCom's IDR is... Read More