RCom pays ₹460 crore to settle Ericsson dues1 min read . Updated: 18 Mar 2019, 06:49 PM IST
- RCom's payout to Ericsson potentially saves billionaire Anil Ambani and two RCom directors from a jail term
- RCom owes a total ₹571 crore billion rupees to Ericsson, including a one-time settlement of ₹550 crore
Mumbai: Ericsson SA has received ₹462 crore ($67.42 million) from Indian telecom firm Reliance Communications Ltd (RCom), the Swedish company said on Monday, potentially saving billionaire Anil Ambani and two RCom directors from a jail term.
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