SINGAPORE'S GIC BROOKFIELD INVESTS IN JIO COMMUNICATION TOWERS

HIGHLIGHTS

• GIC, Singapore's sovereign fund, said on Tuesday, Sep 1 that it along with a group of investors including Brookfield Infrastructure Partners LP, purchased an Indian telecom tower organization from a unit of Reliance Industries for US$3.4 billion. 

The speculation by the gathering is for around 135,000 correspondence towers utilized by Reliance's telecoms adventure Jio....