financetom
Business
financetom
/
Business
/
COVID-19 crisis: Airtel to pay May salaries of 30K staff employed by retail, distribution partners
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
COVID-19 crisis: Airtel to pay May salaries of 30K staff employed by retail, distribution partners
Jun 22, 2020 6:08 AM

Telecom operator Airtel has decided to pay May salaries of nearly 30,000 staffers employed by its retail and distribution partners, to help them tide over "tough times" and impact of the lockdown during the month, as per a note by the company to the partners.

The company had taken a similar step earlier also, to pay for April salaries of those employed by its distribution partners and retail franchisee network.

In the note, seen by PTI, Manu Sood, Hub CEO (Upper North) of Bharti Airtel, said, "We all are going through an unprecedented situation and with the lockdown that got extended for the months of April and May, we have already seen a lot of impact on our business. This disruption also resulted in drop in business across many other sectors and categories in much worse ways."

He observed that the telecom industry is acting as a facilitator in keeping the nation and its customers connected "during these tough times". Sood exuded confidence that things shall normalise soon and that the company will "spring back and win in the market place".

Airtel will paying the basic salaries of over 30,000 employees of partners for May 2020, a move aimed at helping employees and families of channel partners tide over the impact of lockdown that got extended till end of May.

"We understand that this extended lockdown has also reduced your returns during May, as it was for the month of April. In order to help you tide over this tough time, like in the month of April, we are extending a one-time support for the month of May as well," Sood said.

Also Read:

Explained - What is AGR and why are govt and telecom firms in Supreme Court over it?

The company has, accordingly, urged the partners to pass the base monthly pay to all their staff for May. "Further, as you have been informed earlier, all your Airtel Friends are covered under the COVID-19 medical insurance programme as a gesture of our gratitude towards them. Exact details of the support amount will be communicated to you by your retail head," he said.

First Published:Jun 22, 2020 3:08 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Blackstone in talks to buy utility TXNM, source says
Blackstone in talks to buy utility TXNM, source says
May 26, 2025
May 12 (Reuters) - The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused utility TXNM Energy ( TXNM ), a person familiar with the matter said on Monday. Conversations between Blackstone Infrastructure Partners and TXNM about structuring an agreement are ongoing, said the source, who cautioned the situation was fluid and there...
Market Chatter: Rio Tinto, Codelco Expand Chile Copper Partnership With Mining District Plan
Market Chatter: Rio Tinto, Codelco Expand Chile Copper Partnership With Mining District Plan
May 26, 2025
11:57 AM EDT, 05/12/2025 (MT Newswires) -- Rio Tinto (RIO) and Codelco will jointly develop a copper mining district around their Nuevo Cobre project in northern Chile's Atacama region, Reuters said Monday, citing a statement from Codelco. The agreement establishes a joint committee and shared funding for preliminary studies over an initial 12-month period, with the option to extend. It...
EU antitrust regulators to decide on SES, Intelsat deal by June 10
EU antitrust regulators to decide on SES, Intelsat deal by June 10
May 26, 2025
(This May 2 story has been corrected to amend the value of the deal to $3.1 billion, from 3.1 billion euro, in paragraph 1) BRUSSELS (Reuters) - EU antitrust regulators will decide by June 10 whether to clear European satellite company SES's $3.1 billion acquisition of Intelsat, according to a filing on the European Commission website. SES, which operates a...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved