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Reliance Comm expects FY14 capex of $274 million

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Reuters NEW DELHI
Last Updated : May 13 2013 | 1:25 PM IST

NEW DELHI (Reuters) - Reliance Communications, India's No. 3 mobile phone carrier by customers, expects capital expenditure of 15 billion rupees for the year to March 2014, a senior company executive told analysts on a conference call.

Reliance Communications last Friday reported a smaller-than-expected 8.7 percent fall in quarterly profit, helped by a one-off gain.

(Reporting by Devidutta Tripathy; Editing by Anand Basu)

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First Published: May 13 2013 | 1:12 PM IST

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