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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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UK Net Zero Economy

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Why has ‘net zero’ become such a political headache for Britain?

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  • The committee says misinformation and concerns over energy costs have damaged the phrase’s positive association.
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The phrase 'net zero' is becoming an increasingly awkward piece of political language in Britain.

The Commons Energy Security and Net Zero Committee has argued that the term has lost much of its positive association and has become a “lightning rod” for opposition to climate action.

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