The investments in 5G are going to be more obligatory than voluntary for incumbent operators like Airtel and Vodafone Idea Limited given their financial health.

The Communications Minister Manoj Sinha said major investment commitment has come from Ericsson, Samsung, Sterlite Tech, Cisco, Nokia and Intel.

The list of 24 creditors that have gone to the NCLT against RCom and Reliance Telecom includes names like Paytm's parent company One97 Communications, logistics firm GATI Ltd, Bangalore International Airport Ltd, among others.

The bench said that Ericsson can revive its contempt plea against Reliance if the settlement amount is not paid by December 15.

RBI allows oil marketing firms to raise $10 billion from overseas; India risks US sanctions with $5 billion purchase of Russian missiles; and Amazon invests Rs 590 cr in payments arm to take on Paytm, Google Pay. Watch more in this episode of Business Wrap.

Anil Ambani claims TDSAT nod for sale of spectrum; to pay Ericsson Rs 550 crBillionaire Anil Ambani-led Reliance Communications said on Wednesday that the telecom tribunal has allowed it to complete its planned spectrum sale, the proceeds from which will be used to pay Ericsson India and Reliance Infratel (RITL) minority investors. The debt-ridden firm said in a regulatory filing to the BSE that it will receive Rs 975 crore from sale of spectrum, and that it will pay Ericsson Rs 5...

The firm said it had challenged the security sought for the alleged demands by the Telecom Department with regard to spectrum usage charges.

The Anil Ambani promoted RCom noted it had challenged the \"unjustly sought security for the alleged demands\" by the Telecom Department with regard to spectrum usage charges.

In its plea, RCom cites its spectrum sale to Reliance Jio could not be completed due to factors beyond its \"control\", blaming the DoT for creating hurdles in its spectrum sale to Reliance Jio.

Reliance Communications said on Tuesday it has sought another 60 days for repayment of Rs 550 crore to unsecured creditor Ericsson, as its spectrum sale could not be completed due to factors beyond its control.

Paytm parent One97 Communications has moved insolvency court against Reliance Telecom citing non-payment of dues.