Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 1524)
1524.
Reliance Communications merged with this company and get the name Aircom.
Answer: Option
Explanation:
Reliance Communications' executive Punit Garg said that the merged wireless company with Aircel will be called Aircom. RCom can monetize 49 percent tower co stake in future though sale or a listing process, while further debt reduction options will include sale of direct-to-home business. RCom has been engaged in discussions with its lenders in order to finalise a debt resolution plan.
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