RCom completes sale of fibre assets to RJio for â¹3,000 crore
Anil Ambani-led Reliance Communications on Monday said it has completed the sale of fibre assets worth â¹3,000 crore to elder brother Mukesh Ambani-led Reliance Jio. In December 2017, RCom struck a â¹25,000-crore deal with RJio for the sale of its assets mortgaged with different banks to avoid insolvency proceedings. RCom sold assets worth â¹2,000 crore to RJio last week.