RCom's stock opened the day on a positive note and further gained 3.74 per cent to Rs 143.90 on the BSE.
On the NSE, the scrip gained 3.82 per cent to Rs 143.95.
"RCom have had discussions with various players. Citic is one of them. Whenever and with whomsoever the deal is crystallised, proceeds will be used to lower debt," an industry source said yesterday.
RCom's net debt was Rs 40,178 crore as on March 31, 2014, according to the financial results of the company.
When contacted, an RCom spokesperson had said: "It is the policy of the company not to comment on speculation.
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