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NEW DELHI, July 1 Asia Pulse - Indian telecommunication major Videsh Sanchar Nigam Ltd (BSE:VSNL) said that it is in touch with its American lawyers as it begins an assessment of its exposure to Worldcom, estimated at around Rs 5 billion (US$102.4 million).
"We are collecting information as to how much traffic Worldcom carries from VSNL. We do not deny the possibility of Worldcom owing money to VSNL," VSNL said in a letter to the Bombay Stock Exchange a day after reports of accounting malpractice at the US corporation ...