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Date: | 馃嚛馃嚜 袙袝些袠 袠袟 袚袝袪袦袗袧袠袠 馃嚛馃嚜
A Telegram spokesman declined to comment on the bond issue or the amount of the debt the company has due. The spokesman said Telegram鈥檚 equipment and bandwidth costs are growing because it has consistently posted more than 40% year-to-year growth in users.
The messaging service and social-media platform owes creditors roughly $700 million by the end of April, according to people briefed on the company鈥檚 plans and loan documents viewed by The Wall Street Journal. At the same time, Telegram Group Inc. must cover rising equipment and bandwidth expenses because of its rapid growth, despite going years without attempting to generate revenue.
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