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AccessMyLibrary    Browse    A    AsiaPulse News    JAN-04    INDIA'S FLAG TELECOM PRE-PAYS US$27.9 MLN DEBT; SAVES US$2.4 MLN.

INDIA'S FLAG TELECOM PRE-PAYS US$27.9 MLN DEBT; SAVES US$2.4 MLN.

Publication: AsiaPulse News

Publication Date: 30-JAN-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

MUMBAI, Jan 30 Asia Pulse - Flag Telecom, now a Reliance group company, has pre-paid its outstanding debt of US$27.9 million, making the global network transport and communications services firm a totally "debt-free" company.

The early redemption of the debt would result in Flag Telecom saving around US$2.4 million...

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