Ericsson India files insolvency case against Reliance Communications – ETTelecom.com

MUMBAI: Telecom equipment maker Ericsson petitioned the National Company Law Tribunal (NCLT) seeking the start of bankruptcy proceedings against Reliance Communications (RCom) and two of its subsidiaries over total unpaid dues of Rs 1,150 crore. The two subsidiaries are Reliance Infratel and Reliance Telecom. If the petition is accepted by NCLT, it could disrupt the…