India's RCom, Sweden's Ericsson reach $80 million settlement

Reliance Communications Ltd (RCom) said on Monday it had received approval from the Supreme Court to proceed with the sale of its wireless assets to Reliance Jio after it agreed to pay 5.5 billion rupees ($80.06 million) to settle dues with Swedish telecom gearmaker Ericsson.

from Reuters: Technology News https://ift.tt/2vj03h2