Reliance Communications (RCom) has completed the sale of its Media Convergence Nodes (MCNs) and related infrastructure assets, worth Rs 2,000 crore, to Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio).
With successful completion of the MCN monetization transaction, 248 MCNs covering around 5 million sq. ft. of area used for hosting the telecom infrastructure stand transferred to Jio.
Rcom is India’s foremost and truly integrated telecommunications service provider.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1846.55 |
| Vodafone Idea | 9.62 |
| Indus Towers | 412.35 |
| Tata Communications | 1521.05 |
| Bharti Hexacom Ltd. | 1538.30 |
| View more.. | |
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