RCom Posts Rs. 2709 Crore Consolidated Loss for July-September Quarter
Ailing telecom service provider Reliance Communications’ (RCom) consolidated loss widened to Rs 2709 crore for the quarter that ended on September 30 from Rs 1210 crore in the previous quarter. Notably, the Anil Ambani-led telco had posted a profit of Rs 62 crore during the same period last year. RCom’s total income declined 48% to Rs 2667 crore when compared to the same period last year. The telco’s expenses for... Read More
