Brookfield in talks to buy stake in Jio's tower, fibre assets: Report


Canadian private equity firm Brookfield Asset Management is in preliminary talks with India's Reliance Industries to buy a stake in its optical fibre and telecom tower assets, The Times of India newspaper reported on Friday.

Reliance Industries Ltd said in December it planned to separate its fibre and tower business from its telecom arm Reliance Jio Infocomm Ltd, commonly known as Jio. "The end objective of that is to find a different set of investors who would be wanting to run these kind of assets," V Srikanth,.....

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