Anil Ambani: Creative destruction of telecom sector resulting in oligopoly
Reliance Communications (RCom) on Tuesday said it will exit the telecom business completely and will focus on real estate going forward. Reliance Communications has obtained approval of 100% Indian and foreign lenders on its asset monetisation plan for overall debt resolution.
RCom on Tuesday said it will exit the telecom business completely and will focus on real estate going forward. Image source: Reuters