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Telecom business News

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Billionaire Mukesh Ambani will re-enter the telecom business with a Rs 4,000 4G smartphone by December, offering voice and data services for as low as Rs 300-Rs 500 per month.
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Beetel has B2B distribution reach in India with more than 500 distributors and partners, 10,000 retailers and 28 warehouses spanning across the country.
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The investment in the telecom business is a credit negative for RIL because RJio will not generate any EBITDA (an indicator of cash flows) for at least next 12 months.






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