In advanced talks with Ericsson to resolve issues: RCom
Reliance Communications (RCom) has confirmed it is in "advanced" talks with Swedish telecom equipment maker Ericsson to "expeditiously resolve commercial issues". Earlier this week, the National Company Law Tribunal (NCLT) admitted a bankruptcy plea filed by Ericsson against RCom and two of its subsidiaries. "This will enable Reliance Communications to exit the NCLT process," the company said. 