The acquisition of wireless assets of Reliance Communications RCom will lower costs and bring synergies to Reliance Jio s business but may potentially raise parent RIL s net debt by per cent in near term, Morgan Stanley said today. The two companies announced a blockbuster deal under which .Reliance Industries acquisition of Reliance Communications s telecom assets will bring in synergies and lower costs, Morgan Stanley said in a report. If this is assumed to be the case, Reliance Jio has agreed to pay six times for the megahertz spectrum and an additional Rs , crore for the .RCom deal to bring synergies for Reliance Jio s business Morgan Stanley. Live Mint Newspapers Telecom. mins ago. New Delhi The acquisition of wireless assets of Reliance Communications RCom will lower costs and bring synergies to Reliance Jio s business but may potentially raise parent Reliance Industries .Debt laden Reliance Communications has signed a deal to sell its wireless assets to Reliance Jio Infocomm, for a total value of nearly billion rupees $. billion , two sources "Acquisition of RCom s telecom infrastructure should bring synergies and lower costs while raising clarity on growth capex..
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