RCOM completes sale of fiber assets to RJIO
Monday - August 27, 2018 5:44 pm ,
Category : BUSINESS
Mumbai Aug 27 (IANS) Reliance Communications (RCOM) has completed the sale of its fiber and related infrastructure assets worth Rs 3 000 crore to Reliance Jio Infocomm Limited (RJIO).
According to the company the transaction covers fiber assets of over 178 000 km across India.
"With the successful completion of the fiber monetisation transaction 178 000 km of fiber stand transferred to RJIO " the company said in a statement on Monday.
--IANS rv/vm
According to the company the transaction covers fiber assets of over 178 000 km across India.
"With the successful completion of the fiber monetisation transaction 178 000 km of fiber stand transferred to RJIO " the company said in a statement on Monday.
--IANS rv/vm
