CCI approves Reliance’s divestment of Jio tower assets
CCI has approved divestment of Reliance Jio’s telecom tower assets to Canada’s Brookfield Infrastructure Partners LP and other investors. The other investors include British Columbia Investment Management Corporation, GIC Infra Holdings Pte Ltd’s subsidiaries Anahera Investment Pte Ltd and Valkyrie Investment Pte Ltd. Tower Infrastructure Trust currently holds 51% of the outstanding equity share capital of Reliance Jio Infratel Pvt Ltd (RJIPL).
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