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Reliance Communications laps up $ 500 million from EDC, Canada - Will it help improve their services now?

 

Reliance Communications has been upbeat about sprucing up its GSM services for a long time, now. After making SMART’s, its GSM network, presence felt in the eastern and central zone, Reliance has been looking to expand to the rest of the country in a big way. RCom receiving a loan of $ 500 million from EDC Canada, in addition to the $ 750 million the Anil Ambani firm had loaned from China Development Bank.