Reliance Communications announced the sale of its fiber and related infrastructure assets — worth INR 3,000 crore — to Reliance Jio Infocomm.
The fiber monetization transaction includes the transfer of 178,000 km of fiber across the country. Reliance Jio is India’s largest 4G service provider with more than 200 million subscribers on its network.
RCOM sells fiber infrastructure assets to Reliance Jio
More like thisRelated
Airtel Africa revenue surges on data growth as subscribers expand and Capex accelerates
Airtel Africa has reported strong financial and operational performance...
Telia 2025 Revenue Up Driven by Strong Mobile, Broadband, and TV Performance
Telecom operator Telia reported revenue of SEK 21,300 million...
TRAI Drive Test Reveals Mobile Network Performance Gaps in East Siang District, Arunachal Pradesh
The Telecom Regulatory Authority of India (TRAI) has released...
Tele2 Grows Revenue on Subscriber Gains and ARPU Momentum, Optimizes Capex for 5G Focus
Tele2 reported steady revenue growth in the fourth quarter...