370)this.width=370">R-ADAG watchers say the group is stretched, thanks to its ambitious telecom and power foray. This is the best time to consolidate the existing portfolio.
"This should help us also in financial closures, to raise money. We are now more flexible to raise capital as, overall, we are looking at collaborating. Imagine when Reliance Retail starts selling our telecom products across their nationwide counters. It is bound to open a new revenue stream," says a senior R-ADAG official.
Many in R-ADAG say the ceasefire will be most beneficial for R-Com's future road map. Telecom is a cash guzzler and the environment is uncertain, with margins and profitability under severe pressure for most telcos. Without any first right of refusal, RCom can explore strategic partnerships without any worries.
As RIL's counsel said, the brothers have indeed bowled a googly. The guessing game has only begun. But, as an R-ADAG official says, the aim now is to wrap up the revised gas supply agreement at the earliest.
"We expect to get gas from RIL. Within 26 to 34 weeks, gas should come to us. This is a big day. A watershed for sure."
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