Nokia to pull out support from BSNL due to non-payment of outstanding dues
Finnish telecom giant Nokia has set a condition to BSNL, for taking away any support from them, if the latter does not clear the dues worth Rs 910 crores immediately. The company, which controls nearly 40% of BSNL’s network, has also warned about job losses as it will be forced to terminate employees, who are dedicated to the state-run firm. BSNL has not made payments to Nokia since March, despite its commitment to clear the dues in monthly installments by September 2020.
‘Given the COVID situation we are now under tremendous financial crunch and it would not be possible for Nokia to infuse any further capital in maintaining the installed equipment and hence continue any further support including AMC (annual maintenance contract) services,’ Nokia said in a letter to BSNL Chairman and Managing Director PK Purwar, a copy of which was also marked to Telecom Secretary Anshu Prakash.
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