The Hindu Business Line

RJio transfers assets to trusts

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Reliance Jio Infocomm (RJio), a whollyowne­d subsidiary of Reliance Industries (RIL), has transferre­d its optical fibre cable (OFC) infrastruc­ture and mobile towers to two infrastruc­ture investment trusts. The trusts were sponsored by Reliance Industrial Investment­s and Holdings Ltd. RJio had transferre­d its OFC infrastruc­ture to Jio Digital Fibre Pvt Ltd and the tower units to Reliance Jio Infratel Pvt Ltd. p9

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