Insolvency order against Anil Ambani's firms: RCom offers Rs 500 cr upfront payment to Ericsson
RCom and its two subsidiaries -- Reliance Infratel Limited and Reliance Telecom Limited -- owe around Rs 978 crore to Ericsson. They all had entered into a seven-year agreement with Ericsson in 2013 for operational services, including mobile towers, broadband, fixed line, wireless voice, etc.
New Delhi Last Updated: May 29, 2018 | 21:50 IST
Anil Ambani Photo: Reuters