Jio Financial unit to buy $4.32B of telecom gear from Reliance Retail
Jio Leasing Services Ltd (JLSL), a subsidiary of Jio Financial Services, plans to buy customer premises equipment, devices and telecom equipment worth $4.32 billion from Reliance Retail over the next two financial years, according to a postal ballot notice (PDF) sent to shareholders seeking approval of the deal. JLSL is entering the business of operating … Read more