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Why, The Reliance Communications is planning to shut down its 2G mobile business by the end of November? 
  • a)
    Company has got better plans
  • b)
    2G is out of fashion
  • c)
    Company is running under debt
  • d)
    Their 2G satellite got damaged
  • e)
    Slots are filled by 4G retailers
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Why, The Reliance Communications is planning to shut down its 2G mobil...
Answer – 3. Company is running under debt
Explanation

The telecom company owned by Anil Ambani, The Reliance Communications, is planning to shut down its 2G mobile business by the end of November because the company is running under a debt of nearly Rs 45,000 crore. As a result 1,200 employees will lose their jobs. The company has not made any official announcement on the job cut yet but has released a statement on shutting down of its 2G business.
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Why, The Reliance Communications is planning to shut down its 2G mobile business by the end of November?a)Company has got better plansb)2G is out of fashionc)Company is running under debtd)Their 2G satellite got damagede)Slots are filled by 4G retailersCorrect answer is option 'C'. Can you explain this answer?
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Why, The Reliance Communications is planning to shut down its 2G mobile business by the end of November?a)Company has got better plansb)2G is out of fashionc)Company is running under debtd)Their 2G satellite got damagede)Slots are filled by 4G retailersCorrect answer is option 'C'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Why, The Reliance Communications is planning to shut down its 2G mobile business by the end of November?a)Company has got better plansb)2G is out of fashionc)Company is running under debtd)Their 2G satellite got damagede)Slots are filled by 4G retailersCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why, The Reliance Communications is planning to shut down its 2G mobile business by the end of November?a)Company has got better plansb)2G is out of fashionc)Company is running under debtd)Their 2G satellite got damagede)Slots are filled by 4G retailersCorrect answer is option 'C'. Can you explain this answer?.
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