Reliance Jio is also said to be eyeing the telecom towers and optic fibre network of the cash-strapped
phone services provider — assets that Canadian pension fund Brookfield, and a clutch of private equity
firms have also shown interest in, said one of the sources.
The joint lenders forum (JLF), which met in Mumbai on Thursday, discussed the sale of assets of the
telecommunications firm and a proposal to convert RCom’s debt into equity.