RCom’s ‘non-core’ assets like GCX may become key focus area after restructuring: Moody’s
Reliance Communications’ 'non-core' assets originally identified for disposal like GCX will become the telco’s key business focus following the planned de-merger and tower sale, ratings agency Moody’s said on Wednesday. The agency has also downgraded RCom’s corporate family rating and senior secured bond rating to B1 from Ba3, due to the telco’s weak operating performance in the first half of the fiscal year, as evidenced by the continued contraction in... Read More
