R-Com, Jio Extend Terms Of Deal

Reliance Communications Ltd. announced that R-Com and Reliance Jio Infocomm Ltd. have extended the validity of the agreements signed on 28th December 2017 for sale of Towers, Fiber, MCNs and Spectrum of R-Com and its affiliates to 28th June 2019. The transactions are to be consummated subject to various approvals that are presently in progress.―Communications Today Bureau