Telecom business ‘money guzzler’, only few players with deep pockets can enjoy, says Anil Ambani
Apart from announcing a new revival plan to reduce the company’s debt problem, Anil Ambani-led Reliance Communications (RCom) on Tuesday said the telecom had become a “money guzzler”, a business where only those with “deep pockets” could remain in the game. As per the debt-restructuring plan, the company will raise ... Read More »