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RCOM Completes The Sale Of Its Fibre Assets & Related Infrastructure Assets To RJIO
2018-08-27 Merger and Acquisitions Electronic & Telecom Equipment National
Reliance Communications Limited (RCOM) announced the completion of the sale of its Fibre assets and related infrastructure assets, worth Rs 3,000 crore, to Reliance Jio Infocomm Limited (RJIO). With the successful completion of the Fibre monetization transaction, 1,78,000 Kms fibre stand transferred to RJIO.