Reliance Jio

Srikapardhi

Acquisition of RCom Assets to Help Reliance Jio’s FTTH and Enterprise Services: Moody’s

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, … Read More

Chakri K

Reliance Jio Confirmed to Acquire Wireless Infrastructure of Reliance Communications

Reliance Jio Confirmed to Acquire Wireless Infrastructure of Reliance Communications

As it was rumoured earlier, Reliance Jio officially announced that it’s acquiring the wireless infrastructure of Reliance Communications (RCom). The subsidiary of Reliance Industries Limited (RIL) today announced the signing of a definitive agreement for the acquisition of specified assets of RCom and its affiliates. The monetisation process of assets … Read More

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