The sale of assets by Bharat Sanchar
Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) is likely to take
longer than expected, as their buildings registered before 1988 are
owned by the
Department of Telecommunications (DoT). The telecom companies have to buy these properties from the Centre before monetising them. “Even if the sale happens for no amount, the transaction has to be registered with a sale deed,” said a government official aware of the development.
Department of Telecommunications (DoT). The telecom companies have to buy these properties from the Centre before monetising them. “Even if the sale happens for no amount, the transaction has to be registered with a sale deed,” said a government official aware of the development.