Cabinet clears hiving off 65,000 mobile towers of BSNL into subsidiary company, spells good news for the PSU and private operators
The union cabinet today cleared the proposal of the telecom department to hive off 65,000 mobile towers owned by BSNL into an entirely public owned subsidiary company. The tower assets of BSNL are currently second only to Indus towers which is owned by Airtel, Vodafone and Idea. This decision will bring much-needed relief to the loss making PSU BSNL which had been struggling to stay afloat in the competitive market... Read More
