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Incorporated in 2004, Reliance Communications Ltd own and operate IP enabled connectivity infrastructure comprising of fibre optic cable systems
Reliance Communications' Q1 consolidated results show a Rs. 825 Cr net loss. The company remains under CIRP, grappling with massive DoT liabilities (Rs. 2,588 Cr added) and ongoing ED/CBI probes. Some exceptional gains from deconsolidations and liability settlements partially offset the impact.