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Reliance Communications may shut down 2G business by November

Reliance Communications (RCOM) called off the merger with Maxis Communications Berhad (MCB), promoters of Aircel earlier this month. Today multiple reports say that the company will shut down its 2G business by November 30th citing “creative destruction” by Reliance Jio. The company this week confirmed that it will be shutting down its direct to home (DTH) business Reliance Digital TV from … Continue reading "Reliance Communications may shut down 2G business by November"
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