Sharks circling Reliance Communications but Jio remains quiet for now
Reliance Communications rumours are continuing to swirl after a weekend of adverts and offers to lure customers away from the troubled telco.
The telco has been in a bit of trouble for a while as debts continued to pile up (supposedly in the region of $6.8 billion), and it would seem the attempted acquisition of Aircel could be the final roll of the Reliance Communications dice. Chairman Anil Ambani had promised cash reserves at Aircel would provide a more stable foundation for Reliance Communic
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