The
government’s decision to revive Bharat Sanchar Nigam Ltd (BSNL) with a
Rs 70,000 crore package could unleash a new challenger into the telecom
sweepstakes at a time when a debate is already underway on whether India
will soon move from a three player to a two player private telco
market.
The package includes money for voluntary retirement, the issuance of 4G spectrum, raising long term bonds, and monetising the company’s real estate assets. With a subscriber base of 8.79 million wired broadband subscribers, BSNL is already by far the largest player in the business
The package includes money for voluntary retirement, the issuance of 4G spectrum, raising long term bonds, and monetising the company’s real estate assets. With a subscriber base of 8.79 million wired broadband subscribers, BSNL is already by far the largest player in the business
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