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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
State-run telcos BSNL and MTNL are eagerly waiting for the revival package from the government to arrive so that they can compete with the competition in a better way. According to a new report from IANS, the revival plan for both BSNL and MTNL will cost around Rs 74,000 crore, of which Rs 22,000 would be used for acquiring 4G spectrum and for the voluntary retirement scheme (VRS). Another report from ET Telecom says the revival for both the telcos has received approval from the Cabinet, following the high-level meetings held on October 23. BSNL operates in 20 telecom circles, except Mumbai and Delhi where MTNL provides services to the customers. While BSNL is constantly adding new users every month, MTNL is losing the subscribers on a regular note.
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BSNL, MTNL Revival Package Reportedly Received Approval from Cabinet
As noted, the report also says the government has approved to meet the expenses of both the telcos for opting voluntary retirement scheme (VRS). The stimulus worth for VRS would be Rs 14,000 crore for both the telcos. The IANS report also reveals the same; A total of Rs 74,000 crore would be provided as part of the revival package, in which Rs 22,000 crore would be used for acquiring 4G spectrum. BSNL will receive 4G spectrum with the help of Rs 16,000 crore, while MTNL will make use of the rest Rs 6,000 crore.
Very recently, BSNL Chairman PK Purwar confirmed that the telco is expecting to receive 4G airwaves by the end of 2019 and the deployment will happen by March 2020.
