India: RCom readies for fire sale of its assets to pare debt after Aircel merger fails

Photo: Hemant Mishra/Mint

Reliance Communications Ltd (RCom), which on Sunday called off a planned merger of its wireless unit with Aircel Ltd, is preparing to monetize assets ranging from spectrum to real estate as it strives to repay debt owed to banks, a top company executive said.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe