RCom settles Ericsson dues, asset sale to Reliance Jio gets NCLAT nod

3 weeks ago
New Delhi: The National Company Law Appellate Tribunal (NCLAT) Wednesday stayed the corporate insolvency resolution process initiated against Anil Ambaniowned Reliance Communications Ltd (RCom) and two group companies—Reliance Infratel and  ... ...

DoT seeks reply from Airtel on Apple Watch eSIM service by May 24

1 month ago
The DoT has sought reply within a week from Airtel on a complaint by rival Reliance Jio alleging that the operator flouted norms on activation of eSIM in Apple Watch 3, an official source said. The Department of Telecom also mentioned that the security  ... ...

RCom settlement with Ericsson unlikely for now: Report

1 month ago
Mumbai: Reliance Communications Ltd (RCom) is in talks with Ericsson to reach a settlement outside of bankruptcy court over unpaid service dues, but a deal with the Swedish gearmaker looks unlikely for now, two people aware of the matter said.RCom in talks with Ericsson to settle dues outside ... ...

Plunging Idea valuations underline telecom sector woes

1 month ago
The turmoil in India's telecom sector, which has seen plunging revenues and mounting losses and debts, has resulted in the closure or acquisitionmerger of several smaller or marginal players. But the deep bleed is now affecting even established firms. ... ...

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