Mukesh Ambani's telecom company signs Rs 1,200 cr deal with Anil's RCom
Billionaire Ambani brothers on Tuesday struck a Rs 1,200-crore deal wherein Mukesh will use his younger sibling Anil's optic fibre network for launch of his telecom venture.
Under the terms of the agreement, Reliance Jio Infocomm will utilise multiple fibre pairs across RCom's 1,20,000 kilometres inter-city fibre optic network to provide the backbone for rolling out its 4G services.
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