RCOM To Sell More Spectrum To JIO For Reducing Debt | RCOM-JIO DEAL in Final Nod

RCOM To Sell More Spectrum To JIO For Reducing Debt | RCOM-JIO DEAL in Final Nod.Reliance Communicatios (RCom) will sell an additional 65 MHz spectrum the 800 MHz band to Reliance Jio Infocomm (Jio), which will help in bringing down the Anil Ambani-owned telco's debt further. "Reliance Communications Limited (RCom) and Reliance Jio Infocomm Ltd (“RJIL”) today announced the signing of agreement for change in spectrum allotment in 800 MHz band across 22 Circles from RCom to RJIL," said RCom in a regulatory filing Saturday.This will be in addition to the 122 MHz in the same band that RCom is already selling to Jio. #RCOMjioDeal #RELIANCE #JIO