NEW DELHI, March 18: Swedish telecom equipment maker Ericsson has received 4.62 billion rupees ($67.42 million) from Indian telecoms firm Reliance Communications Ltd (RCom), a spokeswoman for Ericsson said on Monday.
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Late last month, India’s top court had ordered Anil Ambani’s RCom and two of its directors to pay Ericsson 4.5 billion rupees within four weeks or face a three-month jail term for contempt of court.
RCom owes a total 5.71 billion rupees to Ericsson, including a one-time settlement of 5.5 billion rupees and interest payments of 210 million rupees.
