Home › BCI, Brookfield buy 175,000 communication towers from Reliance in India
 

Keywords :   


BCI, Brookfield buy 175,000 communication towers from Reliance in India

2020-09-02 10:53:00| Telecompaper Headlines

(Telecompaper) British Columbia Investment (BCI), alongside Brookfield Infrastructure Partners, have acquired a 100 percent stake in a telecom tower company in India from Reliance Industrial Investments, a subsidiary of Reliance Industries. The total equity commitment for the transaction is USD 3.4 billion. The investment comprises a portfolio of around 135,000 communication towers which forms Reliance Jio Infocomm's telecommunication network.

Tags: buy communication india reliance

Category:Telecommunications

Latest from this category

All news
04.01From AI Ambition to Enterprise Reality: Your Playbook for Winning the AI Game
Telecommunications »
07.01Trump backs ban on institutional investor home purchases
07.01Trump backs ban on institutional investor home purchases
07.01Early-January weather generally mild, tranquil
07.01ARS identifies way to reduce antibiotic use in feedlot cattle
07.01U.S. pork producers commend 2025 Dietary Guidelines
07.01US will control Venezuela oil sales 'indefinitely', official says
07.01Starmer urged to rethink business rate reforms to save pubs
07.01Young people say new driving rules are condescending and expensive
More »