独家
ATC起诉埃尔塞,要求追回22.4亿卢比
目前签发给GTL Infra和ATC的命令明确允许“银行家采取措施依法行使其权利”。
目前签发给GTL Infra和ATC的命令明确允许“银行家采取措施依法行使其权利”。
但与RCom合并的失败是一个挫折。从那时起,埃尔塞决定专注于几个收入最高的市场,并关闭了六个亏损的服务领域。
ALSO READ: ATC open for more mobile tower acquisition opportunity<\/a><\/strong><\/p> Intervening on the cases is State Bank of India that as a lead banker to Aircel\u2019s strategic debt restructuring, that was initiated in January-end. A need to deposit money in court will negate restructuring process as cash strapped Aircel struggles to make vendor and interest payments alike. But the scrapping of its merger with RCom was a setback. Since then, Aircel decided to focus on a few of its top revenue generating markets and shut six loss-making service areas..<\/p> <\/div><\/div>
The current orders issued to GTL Infra and ATC specifically permit \"bankers to take steps to exercise their rights as per the law.\"
On Monday, Idea added to Malaysia\u2019s Maxis-owned telecom firm\u2019s woes, saying, \u201cDespite several reminders for releasing the dues since November 2017, the operator has failed to meet its payment commitments, forcing Idea to suspend interconnect services, as per the terms of interconnect agreement between both parties\".
According to people familiar with the matter, Aircel \u2013 which has recently shut operations in six circles - owes Idea Cellular about Rs 60 crore, which is about three months of interconnect user charges.
Kumarmangalam Birla-owned Idea added that the interconnect services will be restored by \u201cIdea immediately upon Aircel making payment towards the outstanding dues\u201d. While India\u2019s third largest telco had 188.5 million customers as of December end, Aircel had 87.58 million customers as of November end.
Aircel acknowledged its difficulties.
\u201cThe state of the industry<\/a> is bad; we are in active discussions with all our stakeholders to do the best we can under the present difficult business environment and the ongoing SDR (strategic debt restructuring) process,\u201d said a spokesperson from Aircel.
ET had reported last month that Aircel had entered a strategic debt restructuring (SDR) process. According to the report, Aircel has some Rs 15,500 crore of debt on its books, but the sustainable debt is estimated at Rs 5,500 crore. Banks will now take shares in Aircel to replace their loans and may recover their dues in an eventual sale of assets or of the company. Airtel, which had earlier bought Aircel\u2019s 4G spectrum, has previously said it will be in the fray any time Aircel or its assets are on the table.
People in the know, however, said Aircel didn\u2019t owe Vodafone and Airtel anything on account of IUC charges. Vodafone and Airtel didn\u2019t respond to queries.
\"The traffic of calls towards each operator is different. The call traffic towards Airtel and Vodafone from Aircel may be heavier than Idea and therefore those payments may have been cleared,\" one of the people said.
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Though the telecom wars have seen the fall of Reliance Communications, Tata Teleservices and Telenor India, Aircel has so far held its own , focussing on the mass market offering mainly voice and some data services on 2G and 3G