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India: WorldSpace India Team Appeals To PM For Intervention
Date : 07/01/2010
Category : * REQUIRED
Country : India
URL : Visit website
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India: WorldSpace India Team Appeals To PM For Intervention

7 January  2010

300 employees of Worldspace  India have, in a letter to prime minister Dr Manmohan Singh sent on Tuesday, urged for immediate government intervention to ensure that the the radio service continues in India; and that the exit of the radio service  be allowed only after following the due process applicable to any other media or telecom service in India.

The letter written to the PM also urges the government to ensure that the sale of the satellite assets impacting the India operations is duly publicized in India; and a just and equitable solution to the employees, subscribers, distributors, dealers, vendors, customer service support agencies is provided for. The Worldspace  India team also wants the PM to intervene to issue appropriate orders to restrict the reentry of Liberty Media/Worldspace  from providing the services in the guise of a new entity without proper resolution of the issues as above and protection of the stakeholders.

To recap, Worldspace  Inc which announced that it was closing India operations from 1 January 2010, had entered into a deal with Liberty Media for take over of its operations. While Liberty acquired the Worldspace  India assets, in mid December, it decided not to acquire Indian operations, leaving employees and subscribers in the lurch.

The worried employees state in the letter that they are losing their jobs 'without proper notice, compensation or settlement of their benefits and dues. Former employee dues have not also been paid.'

The letter also mentions that over 150000 subscribers who have invested in the radio receivers and advanced up to 24 months of subscription charges in advance will neither be provided the service nor will be refunded the subscriptions advanced.

Source: Radio and Music.com
 
 
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