In an attempt to boost the morale of employees, Bharti Airtel chairman Sunil Mittal has sent an email to senior managers saying that the company has not done anything wrong in the allocation of spectrum.
The CBI court recently summoned Mittal as an accused in a case related to irregularities in spectrum allotment during the NDA regime. He will have to appear before the court on April 11.
The email comes at a time when Airtel is feeling the pressure of cut-throat competition. Its profits have declined for 12 quarters in a row, and the company recently restructured its top management with several seniors departing.
In this backdrop, the summons by the CBI court is a big setback.
"Let me assure you that we have not done anything wrong," Mittal wrote. "Each one of you must hold your head high for we have always done what is ethical and right, and will continue to do so."
"For me, one of our biggest achievements at Bharti Airtel has been our ability to build a world-class institution where we have insulated the operations from being distracted by sometimes very vicious attacks from our business rivals," he wrote.
{{/usCountry}}"For me, one of our biggest achievements at Bharti Airtel has been our ability to build a world-class institution where we have insulated the operations from being distracted by sometimes very vicious attacks from our business rivals," he wrote.
{{/usCountry}}The company has denied Mittal's involvement in the scam. A spokesperson of the company said, "CBI has asserted that they have not found any evidence of conspiracy against any individual whatsoever."