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Reliance Communications hit by Indian mobile price war

May 28, 2017

MUMBAI, May 27- Indian mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users. Reliance Communications, controlled by billionaire Anil Ambani, said on Saturday it made a consolidated net loss of...

Source: http://www.cnbc.com/2017/05/27/reuters-america-reliance-communications-hit-by-indian-mobile-price-war.html
 
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