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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Independent TV has been in a tough spot over the last month or so as the company stopped providing services to the customers. Antrix Corporation, the satellite signal provider to Independent TV stopped serving the operator over an issue related to payment. Later on, both the parties had multiple court sessions during which the court approved re-connection of Satellite Signals for Independent TV. Right after the court order, Independent TV stated that it would resume services very soon and also refund the amount back to the consumers who faced issues during the last month. Independent TV said that the customers can visit its website to claim the refund, however, it has now come to our notice that the customers are unable to access the website of Independent TV which is irking them right now.
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Independent TV to Start Receiving Signals Again
In its latest tweet, Independent TV has noted, “Courts have approved re-connection of satellite signals for Independent TV. Due processes are underway for compliance with relevant Govt department directions. We expect our services to resume in the next 6-7 days. We regret the inconvenience being caused till then.” It is worth noting that the reason why Independent TV had faced disconnection was that it had failed to pay its dues to Antrix Corporation. After the lapse of the date when payments were dues, Antrix decided to encash the relevant bank guarantees and disconnected the signal for Independent TV thus leaving the subscribers of the DTH company in the dark.
To re-establish the signal from Antrix, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had directed Independent TV to furnish either bank guarantees worth Rs 12 crore or Rs 5.83 crore in combination with Rs 6 crore worth of bank guarantees. Back in June, Antrix Corporation, which is actually the commercial arm of Indian Space Research Organisation (ISRO), had decided to disconnect the signal on June 12. It was after this that Antrix Corporation encashed bank guarantees worth Rs 15 crore.
