Jio Proposes To Deposit Rs 3,720 Crore, In Escrow Account To Acquire RCom's Tower, Fibre Assets

Telecom operator Jio has proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing liquidation process. Billionaire Mukesh Dhirubhai Ambani-run Jio placed the bid of Rs 3,720 crore in November 2019

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