Reliance Jio Rcom | Fone Arena

Reliance Jio to acquire RCOM’s wireless infrastructure assets

Reliance Jio today announced signing of definitive agreement for the acquisition of specified assets of Reliance Communications (RCOM) and its affiliates that includes Wireless Spectrum, Tower, Fiber and Media Convergence Node (MCN) assets as a part of RCOM’s debt reduction. This will contribute significantly to the large scale roll-out of wireless and Fiber to Home and Enterprise services by RJIL.
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Reliance Jio, RCom sign intra-city optic fiber sharing agreement for 4G rollout

Reliance Jio Infocomm, a subsidiary of Reliance Industries Limited (RIL) and Reliance Communications have signed a new deal. Under the agreement, Reliance Jio would utilize RCOM’s nationwide intra-city fiber network for its 4G roll out. It also noted that the pricing would be at arm’s length, based on prevailing market rates. Continue reading “Reliance Jio, RCom sign intra-city optic fiber sharing agreement for 4G rollout”