Reliance Jio signs $1bn K-Sure-backed deal

In:

Telecoms and Communications

Region:

Asia-Pacific

By Max Thompson

On 10 September Reliance Industries, via Reliance Jio Infocomm, signed a $1 billion ten-year K-Sure-backed loan to finance the procurement of telecom equipment from Korean companies as part of its 4G network roll-out in India. ANZ is joint coordinator on the deal alongside HSBC. Other participants...

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