RCom gives green light to offload wireless unit

Reliance Communications has been given the go-ahead to sell off its wireless business unit after National Company Appellate Law Tribunal removed an order blocking the sale.
The NCLAT had blocked the sale of the wireless assets due to various legal challenges, including one from Ericsson. The Swedes claimed RCom had not paid it for equipment and services for two years, and instead tried to pull a fast one by issuing a few post-dated cheques. After this obstruction has been lifted, RCom is now fre