Discussion Reliance Industries may sell Jio infra assets to reduce debt

[Akash Solanki]

 

[Bapun]

• 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]

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

 

[hike]

I need to learn this Business strategies.

 

[Akash Solanki]