India: RCom closes $429m fiber sale to Jio as deadline looms

India: RCom closes $429m fiber sale to Jio as deadline looms

Photo: Mint

Reliance Communications Ltd., the Indian wireless carrier that’s trying to pay down debt, wrapped up the sale of its fiber and related infrastructure assets for 30 billion rupees ($429 million) to Reliance Jio Infocomm Ltd.

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