Mukesh Ambani's Reliance Jio planning to bid for brother Anil's RCom in bankruptcy

Mukesh Ambani’s Reliance Jio planning to bid for brother Anil’s RCom in bankruptcy

Sources have said Reliance Jio is keen on acquiring RCom’s airwaves and towers to boost its own telecom infrastructure before the roll out of 5G services.

HIGHLIGHTS
Sources say Reliance Jio is planning to bid for RCom assets during insolvency proceedings
Jio is also keen on buying Dhirubhai Ambani Knowledge City owned by RCom
Jio had earlier tried to procure RCom’s infrastructure assets but the deal collapsed

https://www.indiatoday.in/business/story/mukesh...