RCom in advanced trading talks with Jio, says Anil Ambani
Advertisement
Advertisement
Advertisement
While addressing the shareholders at RCom’s Annual General Meeting, Ambani said that the deal with Jio will include reciprocal agreements for roaming by respective customers on each other's networks.
The pact, owned by
RCom, India’s one of the largest telecom operator, is the only Indian operator to hold 5 MHz or more of the 800 - 850MHz band spectrum across the country, reported The Economic Times.
Ambani further said that RCom might also sign a deal to sell its stake in its tower unit, Reliance Infratel, in the next couple of months. The deal will help the telco to substantially reduce its overall debt which stands at over Rs38,000 crore as at June-end.
Advertisement
- 2 states where home prices are falling because there are too many houses and not enough buyers
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- 9 health benefits of drinking sugarcane juice in summer
- 10 benefits of incorporating almond oil into your daily diet
- From heart health to detoxification: 10 reasons to eat beetroot
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market