Deal to drive profitability and reduce capex for combined entity, say analysts.
The Aircel employees said that without Airtel's payment, they were unable to even meet their basic needs.
Appearing for RCom, senior Advocates Kapil Sibal and Mukul Rohatgi asked the court to accept Rs 118 crore towards outstanding dues to Ericsson India to establish its bonafide.
The Swedish firm said Ambani should not be allowed to travel overseas and sought his detention in civil prison.
Monthly data consumption may rise to 9 GB per user in the first half of 2019, a 125% jump from current usage.
Ban on exclusive online deals and cap on sales to help Samsung, which has a wider offline retail presence.
TDSAT has asked DoT to return the money to RCom before January 29, the next date for hearing.
Executives at Jio and RCom have also been holding parallel talks to resolve this issue as the deal is important for both companies.
Ambani had given a personal guarantee in the apex court, backing a timely payment to Ericsson.
Reactions based on move to amend relevant Acts to comply with SC ruling on privacy and Aadhaar.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon