Corporate News     13-Aug-18
Reliance Comm. reinstates bank guarantees of Rs 774 Cr with DOT.
On 13 August 2018
RCOM and its subsidiary, Reliance Telecom Limited, have today reinstated bank guarantees aggregating Rs. 774 crore with the Department of Telecommunications (DoT) as granted by the Hon'ble Telecom Disputes Settlement and Appellate Tribunal (TDSAT). The Company's asset monetization programme of approx. Rs. 25,000 crore for sale of MCNs, tower, optic fibre and spectrum is fully on track, and will be completed expeditiously.
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