RCom deposits â¹131 crore as part payment to Ericsson
Anil Ambani-led Reliance Communications (RCom) has said it deposited â¹131 crore with the Supreme Court registry as part payment of the total â¹550-crore dues to Ericsson. This comes after Ericsson filed a contempt petition against Ambani. RCom had said it would repay Ericsson from proceeds of its spectrum sale to Reliance Jio, a deal which is awaiting telecom department's approval.