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What is Reliance Communications Limited mean?
Reliance Communications Limited (RCOM) was an Indian mobile network provider headquartered in Navi Mumbai that offered voice and 2G and 3G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. It has an estimated debt of ₹50,000 crore against assets worth ₹18,000 crore.
As of March 2020, the company reworked its strategy and continues to operate 4G data services, fixed-line communications, data center services, and enterprise solutions as well as subsea cable networks under the banner name, "Global Cloud Xchange".
referencePosted on 30 Apr 2022, this text provides information on Miscellaneous in NSE Company Symbol related to NSE Company Symbol. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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