Reliance Jio puts 3 options on table to monetise tower, fibre businesses

The board of Reliance Jio, which cleared a proposal to spin off its tower and fibre undertakings into separate companies, is looking at alternatives for monetisation, according to sources close to the company.

The first option is to lease its assets to competing telcos at a rental rather than only use them for captive consumption. Secondly, it is looking to bring in an international tower operator, especially in towers, as a partner, which will operate the assets either for a fee or by taking a minority equity stake. The third option is to go for an IPO.

Sources say Jio