pothi
@127.0.0.1
Reliance liabilities jump to $65 billion, Credit Suisse waves red flag
According to CS, RIL has been FCF negative for the past six years and this has resulted in financing liabilities increasing from $19 bn in FY15 to $65 bn in FY19.
www.financialexpress.com
Jio Fiber launch may happen within this year, as the liabilities keep increasing. If this doesn't happen, Jio 4G pricing may be increased. Either way, this year AGM may have some surprises. Reliance needs to show how they plan to generate income from Jio infrastructure (and profit).