RCom to sell mobile, fibre assets to pay off debt

Reliance Communications on Monday unveiled a debt restructuring plan that will see it sell off certain key assets, including mobile spectrum and fibre infrastructure, as part of a debt restructuring plan that will leave lenders with control of a new company with no exposure to the consumer mobile market.The new RCom will have a reduced debt burden and will focus on the enterprise and carrier markets…read more on TotalTele.com »