BSNL, MTNL, C-DOT, BBNL to invest over Rs 16K crore in 2016-17: Report

By March 2nd, 2016 AT 8:22 PM

State-run telecom operators BSNL and MTNL, along with Centre for Development of Telematics (C-DOT) and BBNL have earmarked an investment of Rs 16,815 crore for the next fiscal, according to a PTI report. BSNL’s capital expenditure stands at Rs 7,317 crore for 2016-17. It will spend this amount in a host of projects including 40,000 wifi hotspots.


MTNL’s capital expenditure stands at Rs 649.03 crore, while C-DOT will invest Rs 100 crore. Bharat Broadband Network Limited, which is implementing the national optical fibre network, will invest Rs 9,418.67 crore for the next fiscal. The Union Budget 2016-17 has provisioned for financial support of Rs 428.91 crore for loss making telecom firm MTNL in 2016-17.

The government also decided to allocate Rs 2,200 crore as a refund to both BSNL and MTNL for surrendering broadband wireless spectrum (4G) in six circles and CDMA spectrum in the coming fiscal. The Indian government will also allocate Rs 18,413 crore to the telecom department in 2016-17.

Read more on:

Passionately following the Indian #Telecom Industry for over a decade from Business, Consumer and a Technical perspective. My primary focus area is Consumer & Digital Experience.

oldest most voted
Inline Feedbacks
View all comments

Recent Posts

Samsung Galaxy S20 FE With Snapdragon 865 and 120Hz AMOLED Screen Goes Official

Expanding the Galaxy S20 lineup, South Korean smartphone brand, Samsung officially launched the Galaxy S20 FE (Fan Edition) with flagship...

Reliance Jio Might Release $50 Smartphone to Rival Chinese Brands

In the Reliance Industries Ltd AGM 2020, the company announced that its subsidiary Jio is partnering up with Google to...

Android 11 for Android TV Focuses on Performance, Privacy Improvements

Google on Tuesday announced the launch of Android 11 update for Android TV focusing on enhancements to privacy and performance....