Reliance Communications to Lose Cable Unit in Setback for Revamp
Pedestrians walk past a Reliance Communications Ltd. Mobile Store in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)

Reliance Communications to Lose Cable Unit in Setback for Revamp

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(Bloomberg) -- Indian telecom operator Reliance Communications Ltd. will lose control of its undersea cable unit GCX Ltd. after a Delaware Court approved a creditor-supported Chapter 11 plan for th...
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