November 1, 2017 / 2:42 AM / a month ago

BRIEF-Fitch says ratings on RCom, GCX unaffected by RCom debt revamp plan

Oct 31 (Reuters) -

* Fitch: ratings on RCom, GCX unaffected by RCom debt revamp plan

* Fitch - expect RCom to gradually exit from wireless voice business and significantly scale down its operations due to intense competition

* Fitch - expect restructuring to transform RCom from an integrated telecom company to a business-to-business bandwidth services provider

* Fitch - ‍expect GCX’s end-September 2017 cash balance to fall closer to USD 40 million​ Source text for Eikon: Further company coverage:

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