DI­VIDED TEL­COS LEAVE GOVT IN A JAM

Financial Chronicle - - FRONT PAGE - AN­JANA DAS

THE deep cracks in the tele­com sec­tor be­came more prom­i­nent on Thurs­day when a se­nior gov­ern­ment of­fi­cial said no re­lief pack­age could be con­sid­ered for mit­i­gat­ing fi­nan­cial con­cerns as tel­cos are di­vided. “There is no com­mon­al­ity among them (oper­a­tors) to ask for any bailout pack­age, they don’t come to­gether while pre­sent­ing de­mands for any fi­nan­cial pack­age. When one op­er­a­tor(s) ask(s) for re­lief pack­age, an­other op­poses it. Thus, it’s not pos­si­ble for the gov­ern­ment to even con­sider it,” the of­fi­cial said. The gov­ern­ment is not get­ting any clear mes­sage as what they want and who wants what.

The re­mark has come after Vodafone Idea chief Ku­mara­man­galam Birla met tele­com depart­ment brass, min­is­ter Manoj Sinha and sec­re­tary Aruna Sun­darara­jan, and sought a re­lief pack­age.

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