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Wireless

Reliance Jio confirms deal to sell 130,000 towers to Brookfield for USD 3.7 bln

Monday 16 December 2019 | 14:00 CET | News
India's Reliance Industries has confirmed a deal to sell the towers network of its mobile unit Jio to Brookfield Infrastructure Partners. After a preliminary agreement in June, the companies announced a definitive contract for the acquisition of approximately 130,000 communication towers by Brookfield for USD 3.7 billion (INR 252.15 billion).

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Categories: Mobile & Wireless
Companies: Reliance Industries / Reliance Jio
Countries: India
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