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30/12/2017

His brother is 23 thousand crore loan

Mumbai, December 30, (way2newstv.in):Reliance Communications chief Anil Ambani, who is trapped in the debt burden, is the owner of Reliance Jio Infocom Limited and his brother Mukesh Ambani. Reliance Geo has announced that the company's 4G spectrum, 43,000 towers and 1,78,000 km fiber lines are also in the possession of jio Choice, which is owned by his brother Anil's assets. . All transactions are expected to be completed by March 2018. Geoane filed the highest bid to buy RCom assets. Arakkam has a debt of around Rs 45 crore in October. With the aim of limiting the burden of Rs 6,000 crore, the assets were sold under the Strategic Debt Restructuring Mukesh Ambani. It is a big relief for the racket already worth Rs 45,000 crore. Through this deal, RK is trying to limit its debt of Rs 6,000 crore. Under the agreement, Reliance jio Infocom Ltd (RJIL) will own the Wireless Spectrum, Towers, Fiber and Multi Channel Network (MCNS) of Arc. The RCA, which has already stopped 2G and 3G operations, has now ended the 4G services. The Arkom's 122.4 Mhz 4G spectrum and 43,000 Towers will come under jio. Also, 1.78 lakh kilometers telecom Fiber and 248 media convergence nodes will also come down to jio.

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