SME Times News Bureau | 24 Jan, 2020
Telecom major Airtel's Chief Regulatory Officer Ravi Gandhi has quit his post in the company, it was learnt on Thursday.
While
the industry is abuzz with his resignation coming at a time when Airtel
is facing several regulatory setbacks, company sources here said that
Gandhi's resignation has nothing to do with these issues, and that he is
moving on to another assignment outside Airtel.
Airtel is
currently facing many regulatory issues. The most crucial one is its Rs
35,500 crore owed to the government on account of adjustred gross
revenue (AGR) dues, against which the company has filed a modification
petition in the Supreme Court.
After Airtel Chairman Sunil
Mittal, Gandhi was the most visible face of the company in its dealings
with the Department of Telecom (DoT).
Informed sources said that
Gandhi had put in his papers one and a half months back and will
continue with Airtel till March 2020.
Earlier on Thursday, Airtel
wrote to DoT asking it to await the Supreme Court's directions on the
company's modification plea before taking any action on the payment of
statutory dues on account of AGR.
