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India Clears Ericsson’s $80 Million RCom Settlement

Rachel Gunter
India Clears Ericsson’s $80 Million RCom Settlement

India’s top court has cleared the way for Ericsson (ERIC) to receive ~$80 billion in a settlement with Indian telecommunications provider Reliance Communications (or RCom). The settlement is related to unpaid service dues owed to Ericsson by RCom.