MUMBAI: Anil Ambani controlled Reliance Communications Ltd has informed BSE
that its associate company Flag Telecom Group Ltd has informed, that the
negotiations, under an award of the international tribunal, between FLAG and
VSNL for determination of reasonable and cost-based access charges at VSNL's
Mumbai landing station, have failed due to monopolistic' and anti competitive
attitude of VSNL.
Also said that the VSNL's refusal to negotiate landing station access charges
in good faith, and on basis of costs incurred, has resulted in failure of
negotiations.
In its statement, the company said that the failure of negotiations would
harm the ITES/BPO and other user industries in India due to the exorbitantly
high bandwidth prices and landing station access charges maintained by VSNL,
which lead to unrealistically high costs of international connectivity for
Indian Enterprises, thus resulting in higher costs for the end consumers in
India.
Since the 90 days period permitted by Arbitration Award for negotiations for
reasonable access charges at VSNL's Mumbai landing station is over, FLAG has
approached the Tribunal for its determination of the reasonable and cost-based
access charges.
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