US satellite broadband provider Hughes Network Systems<\/a> may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at risk, a company letter seen by Reuters<\/a> showed.

The Supreme Court late last year ordered a number of telecom companies, including Hughes and larger firms like
Vodafone<\/a>, to pay billions of dollars owed to the government.

Hughes' India unit provides services to defence, education and banking sectors in the country and told the telecom ministry in a letter dated February 20 that it faces bankruptcy as it can't pay the Rs 600 crore ($84 million) it owes.

The closure of the company could disrupt connectivity at more than 70,000 banking locations and many critical satellite networks in the Indian navy, army and railways, Hughes' India President Partho Banerjee said in the letter, which was seen by
Reuters<\/a>.

\"We are facing a huge demand ... which by no means is serviceable by us and is in fact pushing our company towards bankruptcy & closure,\" Banerjee wrote in the letter.

\"This is an SOS request,\" he added. The company says the government's telecoms department had made an incorrect calculation of the dues more than a decade ago which has ballooned to $84 million with interest and penalties.

Hughes, when approached by Reuters for comment, would not comment on the substance of the letter but said in a statement it \"remains committed to India\" and would continue to provide services to its customers.

India's telecoms ministry did not respond to a request for comment.

Vodafone<\/a> Idea, which owes $3.9 billion in dues, interest and penalties, has already warned of a potential exit, putting at risk 13,000 employees and billions of dollars in bank loans.

India's claim for unpaid dues followed a dispute with companies over how adjusted gross revenue, a percentage of which companies need to pay to the government as fee, was calculated.

While the $84 million Hughes owes is significantly smaller than the sums owed by larger peers, a company document from December showed it was still more than three times its net worth in India.

\"This, if not resolved, will make the operation unviable thus rendering many customers like banks, other enterprises and critical government networks without any connectivity,\" the company said in a separate December letter to the government.

Hughes, which is part of U.S.-based satellite group
Echostar Corp<\/a>, said in December 2018 it had been chosen to provide high-performance satellite broadband system for India's naval communications network.

The company also provides communication services to more than 30 public and private banks in India, according to its website.
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美国休斯公司担心关闭未付费用,银行服务在印度有可能遭受打击

公司提供通信服务在印度30多个公共和私人银行。

  • 更新于2020年2月24日01:33点坚持

美国卫星宽带供应商休斯网络系统可能不得不关闭其印度业务由于欠政府无偿征收,这可能危及成千上万的银行服务,一个公司的信看到了吗路透说明了这一点。

最高法院去年年底下令电信公司,包括休斯和大公司沃达丰(Vodafone),支付数十亿美元政府欠。

休斯的印度国防单位提供服务,教育和银行业,来信告诉电信部门2月20日,它将面临破产,因为它不能支付600卢比(约合8400万美元)欠。

广告
公司的关闭可能会扰乱连接超过70000银行位置和很多重要的卫星网络在印度海军,陆军和铁路,休斯的印度总统Partho Banerjee在信中说,这是看到的路透

“我们正面临一个巨大的需求……这绝不是有用的和实际上是推动我们公司破产和关闭,”Banerjee在信中写道。

“这是一个SOS请求,”他补充道。该公司表示,政府的电信部门犯了一个错误的计算费十多年前已激增至8400万美元的利息和罚金。

休斯,路透社评论接洽时,不会对信的内容发表评论,但在一份声明中表示,它“致力于印度”,并将继续向客户提供服务。

印度电信部没有回应记者的置评请求。

沃达丰(Vodafone)想法,欠39亿美元的会费,利息和罚金,已经警告说,一个潜在的出口,13000名员工将面临风险和数十亿美元的银行贷款。

印度的要求无偿税之后的纠纷与企业如何调整后的总收益,公司需要支付的比例向政府费用,计算。

广告
虽然休斯欠8400万美元远远小于所欠金额较大的同行不同,从12月公司文档显示仍在印度其净值三倍多。

“如果不解决,这将使操作不可行从而呈现许多客户喜欢银行,其他企业和关键政府网络没有连接,”该公司表示在一个单独的12月给政府。

休斯是美国的一部分基于卫星集团Echostar集团2018年12月表示,已被选为印度海军提供高性能的卫星宽带系统的通信网络。

该公司还提供通信服务30多个公共和私人银行在印度,根据它的网站。

  • 发布于2020年2月24日下午01:29坚持

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US satellite broadband provider Hughes Network Systems<\/a> may have to shut its Indian operations due to unpaid levies owed to the government, which could put thousands of banking services at risk, a company letter seen by Reuters<\/a> showed.

The Supreme Court late last year ordered a number of telecom companies, including Hughes and larger firms like
Vodafone<\/a>, to pay billions of dollars owed to the government.

Hughes' India unit provides services to defence, education and banking sectors in the country and told the telecom ministry in a letter dated February 20 that it faces bankruptcy as it can't pay the Rs 600 crore ($84 million) it owes.

The closure of the company could disrupt connectivity at more than 70,000 banking locations and many critical satellite networks in the Indian navy, army and railways, Hughes' India President Partho Banerjee said in the letter, which was seen by
Reuters<\/a>.

\"We are facing a huge demand ... which by no means is serviceable by us and is in fact pushing our company towards bankruptcy & closure,\" Banerjee wrote in the letter.

\"This is an SOS request,\" he added. The company says the government's telecoms department had made an incorrect calculation of the dues more than a decade ago which has ballooned to $84 million with interest and penalties.

Hughes, when approached by Reuters for comment, would not comment on the substance of the letter but said in a statement it \"remains committed to India\" and would continue to provide services to its customers.

India's telecoms ministry did not respond to a request for comment.

Vodafone<\/a> Idea, which owes $3.9 billion in dues, interest and penalties, has already warned of a potential exit, putting at risk 13,000 employees and billions of dollars in bank loans.

India's claim for unpaid dues followed a dispute with companies over how adjusted gross revenue, a percentage of which companies need to pay to the government as fee, was calculated.

While the $84 million Hughes owes is significantly smaller than the sums owed by larger peers, a company document from December showed it was still more than three times its net worth in India.

\"This, if not resolved, will make the operation unviable thus rendering many customers like banks, other enterprises and critical government networks without any connectivity,\" the company said in a separate December letter to the government.

Hughes, which is part of U.S.-based satellite group
Echostar Corp<\/a>, said in December 2018 it had been chosen to provide high-performance satellite broadband system for India's naval communications network.

The company also provides communication services to more than 30 public and private banks in India, according to its website.
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