Bill Barney steps down as CEO of Reliance Communications
Shortpedia
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Bill Barney has stepped down as the CEO of Reliance Communications (RCom) and will now focus on the corporate restructuring of Global Cloud Xchange (GCX). The cloud is an RCom subsidiary that recently filed for bankruptcy protection in a US court. GCX, an undersea cable company, filed for bankruptcy protection after missing payments on its $350 million of 7% bonds that matured at the beginning of August.
