RCOM has repaid a Rs 50 billion outstanding loan three years ahead of schedule. As a result, the company is likely to save up to Rs 7.5 billion a year in interest costs. The company had a debt of about Rs 250 billion prior to the repayment of the loan, which it had taken to fund the expansion of its telecom networks across the country. RCOM expects to have a cash inflow of about Rs 100 billion by March 2010 which, along with its current reserves of Rs 70 billion, may be used for more early loan repayments.
