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Friday, February 28, 2020

Ericsson

ERICSSON NEWS

Ericsson pays $1 billion, unit pleads guilty, in US settlement

December 07, 2019 2:03 pm

From 2000 to 2016, Ericsson conspired with others to violate the US Foreign Corrupt Practices Act -- paying bribes, falsifying books and records and failing to implement reasonable internal accounting controls, the Justice Department said.

Switching on 5G is easy in India, but better speeds need 100MHz bandwidth: Ericsson

July 19, 2019 2:32 am

Ericsson’s studies have shown that Indian smartphone users are willing to pay more than 66 per cent premium for 5G services

5G won't benefit consumers? Ericsson report says that's all wrong

May 10, 2019 3:18 pm

A new report by Ericsson ConsumerLab argues 5G won't just be for businesses as it is being propagated, but will have real-term benefits for consumers.

Delhi Police arrests two SC officials for allegedly posting wrong order in Anil Ambani-Ericsson case

April 09, 2019 1:01 am

The arrested men identified as court master Manav Sharma and assistant registrar Tapan Kumar Chakraborty were sacked by the Chief Justice of India Ranjan Gogoi following a complaint that they tampered with an order of the court directing personal presence Anil Ambani in a contempt case.

Explainer: Securing the 5G future - what's the issue?

March 01, 2019 12:53 pm

As 5G makes high-speed internet increasingly available, the number of devices in the network will increase dramatically.

What is the contempt case against Anil Ambani's Reliance Communications?

February 20, 2019 1:52 pm

After Rcom, which has a debt of more than Rs 47,000 crore, failed to pay Ericsson, it moved an insolvency petition in the National Company Law Tribunal (NCLT).

Anil Ambani appears before SC in connection with Ericsson case against RCom over Rs 550 crore dues

February 12, 2019 1:16 pm

RCom had moved the Supreme Court on January 4 for initiation of contempt proceedings against RCom after the company failed to comply with a SC order to clear its due by December 15, 2018.

Ericsson India moves Supreme Court, seeks contempt action against Anil Ambani and others

January 04, 2019 11:19 pm

Besides seeking contempt proceedings against RCom chairman Anil Dhirubhai Ambani and two others, Ericsson has also sought that they be "detained in civil prison" unless they purge themselves by making the payment.

SC to hear tomorrow Ericsson's plea seeking contempt action against RCom Chairman Anil Ambani

October 03, 2018 10:31 pm

The top court had approved the settlement between RCom and Ericsson India Pvt Ltd. over a payment dispute and asked the telecom company to pay Rs 550 crore to the Indian arm of the Swedish firm by September 30.

NCLAT directs Reliance Communications to pay Rs 550 crore to Ericsson, stays insolvency process

May 31, 2018 1:40 am

RCom lenders had also opposed the NCLT order as they see in Jio best option to recover their dues. RCom had reached a settlement with HSBC Daisy Investments — a minority shareholder in Reliance Infratel.