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Rcom Completes Rs 3,000 Crore Asset Sale To Reliance Jio

by livemint.com posted 2months ago 18 views
Around 178,000 kilometres of fibre have been transferred to Jio after the transaction. : MUMBAI: Anil Ambani-led Reliance Communications on Monday said it has completed the sale of fibre assets worth Rs 3,000 crore to elder brother Mulesh Ambani-led Reliance Jio. After the completion of the fibre monetisation transaction, 178,000 kilometres of fibre stand transferred to Jio, RCom said in a statement to the BSE. RCom last week completed the sale of its media convergence nodes and related infrastructure assets worth ₹ 2,000 crore to Reliance Jio.

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