Support Telecomtalk
Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
This is the second time in the week that a report relating to Aircel has surfaced which talks about another telecom operator approaching the already bankrupt company to recover their dues. This time it happens to be the government-run entity, BSNL who has approached the Communications Ministry in a plea to recover their services. Previously, two big private telecom operators- Idea Cellular and Vodafone India have also been seen preparing for a legal battle to recover their money from the debt-laden telco giant. BSNL seems to be also walking on the same lines and is probably planning to ensue a legal way to sort things out with Aircel. To accomplish this, the PSU has written a letter to the Department of Telecom in which they have described their woes.
- Make Telecom Talk My Trusted Source
-
-
Chairman and Managing Director Anupam Shrivastava told the PTI regarding the same, confirming doubts by the Industry Experts, thus making sure that BSNL was indeed confident about taking the legal pathway to recover their dues from Aircel. Shrivastava said, “As regards to recovery of outstanding dues, BSNL could recover Rs 32 crore from bank guarantees (BG), and the balance will be recovered after reconciliation of some other BGs held by us or by BGs held by Government of India or through the legal process.”
BSNL also made a statement saying that they had taken this step because previously Aircel had failed to reply to a formal e-mail query which was sent by the operator. It should be noted that some time ago Aircel declared bankruptcy under the Insolvency and Bankruptcy code citing reasons like “troubled times” in the “highly financially stressed” industry.
