RCom sells assets worth â¹2,000 crore to Reliance Jio
Anil Ambani-led Reliance Communications (RCom) has completed the sale of its media convergence nodes (MCN) and related infrastructure assets worth â¹2,000 crore to Reliance Jio. The sale which concluded on Thursday represents the initial tranche of a planned larger deal. RCom had signed a pact with Jio in December 2017 for sale of wireless spectrum, tower, fibre and MCN assets.