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India's RCom Sells £ 221.63 million Worth Assets to Reliance Jio

India’s Reliance Jio Infocomm Ltd has completed the purchase process of Media Convergence Nodes (MCNs) and related infrastructure equipment worth 221.63 million pounds from Reliance Communications Ltd (RCom) on Thursday (23).

RCom said that it has transferred 248 MCNs covering about 5 mn square feet area used for hosting the telecommunication infrastructure to Reliance Jio.


In May this year, RCom had informed that it expected to sell media assets worth 2.01 billion pounds to Reliance Jio and Canada’s Brookfield (BAMa.TO) after the bankruptcy petition court halted insolvency proceedings against the cash crisis hit RCom.

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More than a quarter of opposite-sex divorces in England and Wales involved couples married for at least 20 years

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Cost of living keeps couples together as divorces after 20 years rise

  • Divorces after 20 years of marriage accounted for 26 per cent of opposite-sex cases in England and Wales last year.
  • The average marriage ending in divorce lasted 13 years, the longest since records began in 1963.
  • Lawyers say the cost of running two households can discourage couples from separating.

The seven-year itch may be fading as a defining feature of marriage breakdown, with official figures showing that couples in England and Wales are now more likely to divorce after 20 years together than at any other point in their marriage.

Office for National Statistics (ONS) figures show that 26 per cent of the 102,879 opposite-sex divorces recorded in England and Wales last year involved couples who had been married for at least 20 years.

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