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Hughes Fears Indian Closure, Bank Disruptions over Unpaid Fees

By | February 24, 2020
Hughes Communications India's headquarters. Photo: Hughes

Hughes Communications India’s headquarters. Photo: Hughes

U.S. satellite broadband provider Hughes Network Systems 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 showed.

India’s Supreme Court late last year ordered a number of telecom companies, including Hughes and larger firms like Vodafone to pay billions of dollars owed to the government.

Read more at Reuters >>>