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Vsnl Faces Over Rs 426 Crore Hit

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BUSINESS STANDARD
Last Updated : Jan 28 2013 | 12:54 AM IST

The accounting scandal at WorldCom, the second largest US long-distance telecommunications group, is expected to make a dent in the accounts of Videsh Sanchar Nigam (VSNL), the local ILD provider. VSNL is expected to lose close to $87 million (over Rs 426 crore) which it gets as receivables for to-and-fro international telephony traffic.

VSNL managing director S K Gupta said,

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First Published: Jun 28 2002 | 12:00 AM IST

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