Reliance Communications (RCOM) today announced the completion of the sale of its fiber and related infrastructure assets, worth Rs. 3,000 crore, to Reliance Jio Infocomm (RJIO).
With the successful completion of the fiber monetization transaction, 178,000 km of fiber stand transferred to RJIO.
Recently, Reliance Communications announced the completion of the sale of its Media Convergence Nodes (MCNs) and related infrastructure assets, worth Rs. 2,000 crore to Reliance Jio Infocomm (RJIO).
With the successful completion of the MCN monetization transaction, 248 MCN’s covering around 5 million square feet of area, used for hosting the telecom infrastructure, stand transferred to RJIO.
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