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Discussion Reliance Industries may sell Jio infra assets to reduce debt

Akash Solanki

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Bapun Raz

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  • Jio, the telecom arm of India's most valued company RIL, recently said it was spinning off tower and fibre into two separate entities, as part of an anticipated de-leveraging exercise
  • RIL is keen on retiring and refinancing a chunk of its Rs 3 lakh crore debt mostly soaked up to finance Jio's disruptive roll-out
Reliance Industries may sell Jio infra assets to reduce debt - Times of India
 

Homer

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That means they will bid aggressively in upcoming spectrum auction. Hope they buy 700MHz since not much spectrum remaining in band 5.
 

hike

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I need to learn this Business strategies.
 

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