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Reliance, RCom extend asset sale agreement date to June

Dec 31, 2018 17:15 IST

Reliance Communications and Reliance Jio on Monday announced that they have agreed to extend the terms of an agreement for sale of wireless assets owned by the Anil Ambani firm. Jio extended the agreement for the acquisition of Reliance Communications' assets to 28th June next year. The move comes amid doubt over RCom's spectrum sale to Jio which is subject to get a mandatory clearance certificate from the Department of Telecommunications.

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