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Brookfield consortium to acquire Reliance tower business for INR 252 bln

2019-07-22 09:52:00| Telecompaper Headlines

(Telecompaper) Reliance Industrial Investments and Holdings Limited (RIIHL), a subsidiary of India's Reliance Industries, has signed an agreement with BIF IV Jarvis India, an affiliate of Brookfield Asset Management for an investment by Brookfield (along with co-investors) of INR 252.15 billion in the units proposed to be issued by the Tower Infrastructure Trust. Brookfield's investment in the towers infrastructure used by mobile operator Reliance Jio remains subject to the receipt of government and regulatory approvals.

Tags: business tower acquire reliance

 

Reliance Jio continues exponential growth, as it prioritises new customers over ARPU

2019-07-22 02:00:00| Total Telecom industry news

India's disruptive telecoms operator, Reliance Jio, has said that it will continue to prioritise the acquisition of new subscribers over profitability, as the company closes the gap with India's biggest telco, Vodafone Idea. A report by Business Today claims that senior executives from Reliance Jio would be focussing on growing the company's subscriber base over the short to mid…read more on TotalTele.com »

Tags: over growth customers continues

 
 

Reliance Industries inks eco-friendly fabric deal in Turkey

2019-07-09 12:16:00| Daily apparel & textile news and comment - from just-style.com

India's Reliance Industries, the world's biggest integrated polyester producer, has teamed up with Turkish textile manufacturer Kivanc Tekstil to make its sustainable fabric R|Elan Green Gold in Turkey.

Tags: deal industries turkey fabric

 

Reliance Jio increases market share, as Vodafone Idea continues to contract

2019-07-04 02:00:00| Total Telecom industry news

India's biggest telco, the newly merged Vodafone Idea, is continuing to see its market share eroded by the continued growth of the country's disruptive operator, Reliance Jio, according to a new industry report. The report…read more on TotalTele.com »

Tags: share market idea contract

 

Japanese clothing firms reducing reliance on China

2019-06-28 13:29:00| Daily apparel & textile news and comment - from just-style.com

Japan-based clothing brands have protected themselves in advance against exposure to US-China trade turbulence by decreasing their reliance on China-based manufacturing facilities in recent years. 

Tags: china clothing japanese reducing

 

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