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A 'ghostly' encounter

This is the first time we encountered a ghost fibre network, said a CEO

Business Standard 

A multinational telecom corporation, which conducted its due diligence on an Indian company before taking over its fibre network, was in for a shock. When the sent its executives for physical verification, they found that almost 40 per cent of the 100-kilometre it was supposed to buy was missing. “We have heard of ghost employees, but this is the first time we encountered a ghost fibre network,” said the No wonder the deal collapsed.

First Published: Sun, November 12 2017. 22:37 IST
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