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Ambani avoids jail as RCom pays $77m to Ericsson

2019-03-18 01:00:00| Total Telecom industry news

Reliance Communications' chairman Anil Ambani has avoided a custodial sentence as his company completed the payment of $77m to Swedish network equipment provider Ericsson.  The money was due to have been paid by the end of 2018 and Ambani was given until the 20th March 2019 to make payment of the outstanding dues or face imprisonment for contempt of court…read more on TotalTele.com »

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