Reliance Communications (BOM:532712)

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Company: Reliance Communications (BOM:532712)
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  RCOM has impressive execution skills

RCOM has impressive execution skills and became the top mobile player within seven months of its service launch

The company launched its pan-India GSM services early this year, which are driving incremental subscriber additions, with it adding a massive 5mn subscribers in January 2009, the highest-ever in the history of the Indian Telecom Sector

Concerns over its highly leveraged Balance Sheet have led to a steep stock price correction, leading to valuations being reasonable and limited downside

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