Brookfield completes Rs 25,215 crore tower deal with RJio
NEW DELHI: Brookfield Infrastructure along with its partners have completed the acquisition of Reliance Jio’s telecom tower assets with an investment of Rs 25,215 crore as the transaction has received all the regulatory approvals. The development comes after the Department of Telecommunications in August approved the deal. “The aforesaid transaction has been completed after obtaining […]
DoT nod for Rs 25,000 crore RJio-Brookfield tower deal
NEW DELHI: The Department of Telecommunications (DoT) has approved the Rs 25,215 crore deal between Reliance Jio (RJio) and Brookfield Infrastructure. A SEBI filing said: “The DoT through its letter dated August 11, 2020 has approved Rs 1,053.50 million downstream foreign investment for acquisition of the remaining 49 per cent of the paid-up equity share […]