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RCOM, Ericsson discussions at advance stage to resolve issues

IANS  |  New Delhi 

Communications (RCOM) said on Friday it is at an advance stage of discussions with to resolve commercial issues.

"We confirm that RCOM and are at an advanced stage of discussions to expeditiously resolve commercial issues. This will enable Communications to exit the NCLT (National Company Law Tribunal) process," a company said in a statement.

"RCOM is confident to expeditiously proceed with its monetisation plan with Jio and overall resolution plan with the lenders, keeping in mind the interests of all stakeholders," added.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 15:24 IST
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