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In a major blow to Reliance Communications chairman Anil Ambani, the Supreme Court on Wednesday held him and two other directors guilty in a contempt of court petition filed by telecom equipment maker Ericsson India over not clearing its dues.
The equipment provided by Ericsson is 5G-ready which means whenever the operator wants to launch 5G services, the network can be seamlessly upgraded and the cost will be much less.
Palo Alto's (PANW) buyout of Demisto is expected to help the company incorporate AI and machine learning to enhance the automation of its customers' security operations.
The Supreme Court on Wednesday held Reliance Communications chairman Anil Ambani and two other directors guilty of contempt for not willfully paying dues worth Rs 550 crore to the Swedish telecom equipment maker Ericsson. According to a PTI report, they faced
In a major setback, the Supreme Court has held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order and not paying its dues of Rs 550 crore to Ericsson.
New Delhi, Feb 20 (IANS) Ericsson on Wednesday said it would deploy 5G-ready LTE equipment for Vodafone Idea's network in eight circles across India. Under the contract, which has been signed for a three-year period, Ericsson would supply radio access and transport equipment from its "5G-ready Ericsson Radio System portfolio, including 'MINI-LINK' 6000 microwave backhaul solution", the company said in a statement. "Ericsson today announced that it has been selected by Vodafone Idea Ltd to provide and deploy 5G-ready equipment across select markets in India," it said.
In a big setback for Anil Ambani, the Supreme Court today held Reliance ADAG chairman guilty of contempt. Pleas were filed by telecom equipment maker Ericsson for not clearing its dues of Rs 550 crore.