Acquisition of RCom Assets to Help Reliance Jio’s FTTH and Enterprise Services: Moody’s
Reliance Jio Infocomm's acquisition of Reliance Communications' assets, including spectrum, optical fiber network, and media convergence nodes, is set to help the Mukesh Ambani-led 4G entrant for a large scale roll-out of its wireless and fiber-to-the-home (FTTH) and enterprise services, Moody's said in a statement. As part of the transaction, Jio will acquire 122.4 MHz of 4G spectrum, 43,000 towers, 178,000 route kilometer of pan India optical fiber network and... Read More