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Rcom Sells Assets Worth ₹ 2,000 Crore To Reliance Jio

by livemint.com posted 3weeks ago 13 views
The sale of media convergence nodes concluded today represents the initial tranche of the planned RCom-Reliance Jio deal. : Mumbai: Reliance Communications Ltd (RCom) today said it has completed the sale of its media convergence nodes and related infrastructure assets worth ₹ 2,000 crore to Reliance Jio Infocomm Ltd. The company said 248 MCNs covering about 5 million sq.ft of area used for hosting the telecom infrastructure were transferred to Reliance Jio.

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