Recently, the news that LeTV owed China Mobile RMB 14,426,500 and LeTV owes mobile RMB 10 million was cut off.
It is reported that the news comes from a document circulating on the Internet. The document shows that LeTV decided to shut down the traffic ports of LeTV services to other provinces and different networks due to the 146.225 million yuan IDC resource lease fee owed to China Mobile’s Jiangsu company.
The "Securities Daily" reporter learned from LeTV. After receiving the news, LeTV immediately organized the staff to verify it with LeTV. LeTV insiders told reporters: "The result of LeTV's verification to LeTV Cloud is: The news is seriously inaccurate." At the same time, it denied that the mobile had been disconnected from the music.
Immediately, the reporter verified with China Mobile Jiangsu Corporation. According to relevant sources, this statement has not been heard from within the company.
LeTV said it was not broken
The “Report of China Mobile Jiangsu Company on IDC Resources of Downline†is circulated online and shows that LeTV is one of the TOP55 key Internet customers stipulated by the Group’s government and corporate companies. Currently, LeTV is leased in Jiangsu, Nanjing, Suzhou and Wuxi. With a cabinet and 290G bandwidth, IDC resource lease fees have been delayed since July 2016. As of May 2017, the province’s total arrears amounted to 14.6225 million yuan, which has seriously damaged the company’s interests.
According to media reports, according to documents, since April 2017, the customer department of Jiangsu Mobile's Group has launched a key call for LeTV’s long-term arrears. At the end of April, the company’s office, the Strategy Department, and the Legal Affairs Department have officially issued Letter to LeTV.
The rumor details are more detailed and more mobile responses. It is reported that China Mobile stated that if LeTV did not pay the bill and did not formally issue a detailed payment plan to Jiangsu Mobile, it would put LeTV under the 290G bandwidth of Jiangsu Mobile on July 15th. Line, all rented cabinets are powered off.
In response to this statement, recently, LeTV issued a statement on the false reports of broken networks, saying that some media have recently said that “LTV will be owed a fee to China Mobile will be cut off the networkâ€, which is a false report. "LeTV and China Mobile have maintained a good relationship of cooperation for a long time. China Mobile Jiangsu has not broken the network of LeTV."
LeTV said that both LeTV and China Mobile are very close partners, and they will work together to provide users with a better service experience in the future.
Frequently encountered debt collection
Recently, LeTV often became the focus of public opinion because it was passed on by suppliers for debt collection, but most of them were denied by LeTV.
In fact, it is no secret that LeTV’s tight funding chain is in the industry. LeTV's founder, Jia Yueting, repeatedly stated on public occasions that the company’s funds were insufficient due to excessive rhythm and announced that it would stop its expansion. LeTV, which is a listed company of LeTV, has also started a profit model after a round of personnel changes.
However, after Sun Hongbin, who is also the Shanxi Merchants, brought in its controlling investors such as Sunac, as much as 16.8 billion yuan of funds were injected to ease the financial crisis of LeTV to some extent.
However, the major capital injection of Sunac was mainly related to the related industries of LeTV. Le Sports, LeTV Mobile, LeTV, and other businesses are not included on the surface.
In the rumors, the company owes money to China Mobile, which is LeTV's Levision cloud computing company (referred to as Le Shi cloud). The company was established on January 27, 2014 and was jointly invested by LeTV and LeTV Holdings. At present, in the LeTV system, all content-related areas and services are in LeTV. The position of LeTV Cloud in the LeTV system is of utmost importance. It can be said that it is a platform in the LeTV ecosystem. In addition to the traditional TV, PC, Phone, theater, etc., these screens, including smart glasses, projection, outdoor screen, VR, smart hardware and other intelligent products will be based on this platform to generate value.
The LeTV supply chain official said in an interview with a reporter from the Securities Daily: “Let’s consider the cooperation between different products and suppliers prior to the agreement. There are clear rules on the delivery cycle and payment time, as long as LeTV pays within the prescribed time limit. There will be no problem, and some outsiders will take the time to pay for this period of time."
Some people in the industry believe that: "At present, LeTV's internal financial status is different in different industries. After LeTV's non-automotive business receives 16.8 billion yuan in blood transfusion, the funding situation has been eased. At present, LeTV is opening up the front line of contraction and rapid profitability. mode."
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