Mukesh Ambani’s Help Saves Day For Anil As RCom Makes Rs 550-Crore Payment To Ericsson

IANS, 18 Mar, 2019 08:49 PM

Anil D. Ambani, Chairman of Reliance Communications, has thanked Reliance Industries Chairman, Mukesh Ambani and Nita Ambani for their support regarding payment of dues to Ericsson as all the RCOM's outstanding to the Swedish company stand cleared.

"The requisite payment of Rs 550 crore and interest thereon to Ericsson has been completed today in compliance of the judgment of the Supreme Court," an RCOM spokesperson said.

Acknowledging his elder brother and RIL Chairman Mukesh' support, Anil D. Ambani, Chairman, RCOM, said: "My sincere and heartfelt thanks to my respected elder brother, Mukesh, and Nita, for standing by me during these trying times, and demonstrating the importance of staying true to our strong family values by extending this timely support."

"I and my family are grateful we have moved beyond the past, and are deeply grateful and touched with this gesture," he added.

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