RCOM completes sale of wireless infrastructure assets worth Rs. 2000 crore to Reliance Jio

Back in December Reliance Jio  announced signing of definitive agreement for the acquisition of specified assets of Reliance Communications (RCOM) and its affiliates that includes Wireless Spectrum, Tower, Fiber and Media Convergence Node (MCN) assets as a part of RCOM’s debt reduction. Today RCOM has announced that the completion of the sale of its Media Convergence Nodes (MCNs) and related infrastructure assets, worth Rs 2,000 crore, to Reliance Jio Infocomm Limited (RJIO). Continue reading “RCOM completes sale of wireless infrastructure assets worth Rs. 2000 crore to Reliance Jio”