 "Reliance Communications losses widen to Rs 238 crore in Q3")
Anil Ambani's debt-ridden telecom-turned-real estate company Reliance Communications (RCom) posted losses of Rs 238 crore compared Rs 130 crore in losses in the year-ago period for the quarter ended in December. RCom’s consolidated revenues for quarter ended December 31, 2018, is of Rs 1,083 crore (Rs 1,176 crore a year ago) and Ebitda of Rs 159 crore. The Ebitda margin was at 14.7 per cent. Indian operations’ revenue and Ebitda stood at Rs 415 crore and Rs 6 crore, respectively, while global business contributed revenue and Ebitda of Rs 779 crore and Rs 153 crore, respectively.
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