RCom Buzzing Ahead Of IMG Meet Outcome

Reliance Communications (RCom), an Indian Internet access and telecom company during Monday’s trading session is buzzing on the bourses ahead of the company’s IMG meet.

RCom along with other telecom players, Tata Teleservices, MTS and Aircel is likely to meet inter-ministerial group (IMG) to discuss the financial stress and other operational issues that the telecom sector is facing, reported a leading news portal.

Whereas on June 15, the panel is likely to meet representatives from Bharti Airtel, Vodafone, Idea Cellular and Reliance Jio. The meeting will be held with public sector companies, MTNL and BSNL in June 17.

It also added that officials are likely to meet Telecom Minister Manoj Sinha on June 22, further on a meet with Finance Minister Arun Jaitley is also speculated.

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