Haitel liquidation process enters second phase

15 Oct 2013

Jean-Baptiste Clark Neptune, the director general of Taxation in Haiti, has announced the launch of an auction of all ‘movable property’ belonging to mobile operator Haitel. JWHTV News reports that the auction is the second phase of the judicial liquidation of the company’s assets; the first stage of the process ended in June 2013 with the sale of four properties, including the company’s headquarters in the capital’s suburb Petion-Ville.

As previously reported by TeleGeography’s CommsUpdate, in April 2013 authorities in Haiti announced that the struggling wireless operator had officially gone into receivership with debts of over USD95 million. The General Tax Directorate (DGI) in Haiti said around 40% of that sum represented unpaid taxes, while the company was also thought to have not paid its employees for up to five months. Haitel’s CDMA mobile network was shut down in April 2013, although at the time the government believed that the operator’s financial difficulties could be overcome and the service could be restarted.

Haiti, Haitel,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share