Friday, 24 November 2017

Reliance Jio plans €2bn rights issue

By Nick Wood, Total Telecom
Tuesday 19 January 16

Indian telco quiet on how it will use proceeds as 4G launch looms.

Reliance Jio Infocomm plans to raise 150 billion rupees (€2.04 billion) via a rights issue, as the telco gears up to launch its nationwide 4G network. "The board of directors of the company at their meeting held on January 18…

Reliance Jio Infocomm plans to raise 150 billion rupees (€2.04 billion) via a rights issue, as the telco gears up to launch its nationwide 4G network. "The board of directors of the company at their meeting held on January 18…

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