Idea snaps interconnect services with Aircel citing dues

Press Trust of India  |  New Delhi 

today said it has "suspended" with for various circles on account of non-payment of dues "despite several reminders". Idea - which is on the verge of merging with larger rival in - said it will restore immediately after makes the payment, but did not specify the outstanding amount or the circles. "has suspended with Ltd, due to non-payment of dues," Idea said in a statement. An said that the industry was in a "bad" state, and that the company is in active talks with all stakeholders to do the best it can under the circumstances. "The state of the industry is bad, we are in active discussions with all our stakeholders to do the best we can under the present difficult environment and the ongoing SDR (strategic debt restructuring) process" the added. Idea, meanwhile said, thatdespite multiple reminders since November 2017,had failed to meet its payment commitments forcing the company to suspend interconnect services, as per the terms of interconnect agreement. "regrets the inconvenience caused to mobile users who are unable to connect with each other.

We sincerely hope that the operator will honour its contractual obligation and payment commitment, in the interest of customers," Idea added. It may be recalled that had informed the sector regulator in December that it will be surrendering its licenses in six circles - Gujarat, Maharashtra, Haryana, Himachal Pradesh, Madhya Pradesh, and (West) within 60 days, given the difficult environment.

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First Published: Wed, February 07 2018. 22:35 IST