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Rcom Completes Sale Of Fibre Assets To Reliance Jio For Rs 3,000 Cr | Business Standard News

by business-standard.com posted 3weeks ago 12 views
Anil Ambani-led Reliance Communications (RCom) today said it has completed the planned sale of optical fibre assets worth Rs 3,000 crore, to Mukesh Ambani-backed Reliance Jio Infocomm (RJIO). The announcement marks the wrapping-up of yet another portion of a larger deal inked between RCom and Reliance Jio in December last year, that involved the sale of wireless spectrum, tower, fibre and media convergence nodes.

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