RCom Calls Off Sale Of Assets To Reliance Jio

Reliance Communications Ltd., having voluntarily decided to approach the insolvency court, called off the sale of its spectrum and towers to Reliance Jio Infocomm Ltd. as it failed to get approvals from lenders and the government.

Also Read: Reliance Communications Pays Rs 458.77 Crore To Ericsson

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RCom Calls Off Sale Of Assets To Reliance Jio

Sale of assets was crucial for the Anil Ambani group company to repay more than half of its Rs 47,000-crore debt.

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RCom Calls Off Sale Of Assets To Reliance Jio

Sale of assets was crucial for the Anil Ambani group company to repay more than half of its Rs 47,000-crore debt.

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