August 5th, 2015 9:08 PM 26 COMMENTS

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

November 12th, 2014 9:51 PM 4 COMMENTS

BSNL awaits green signal for revival, will it really help BSNL ?

State owned telecom operator Bharat Sanchar Nigam Limited (BSNL) awaits a green signal from the Narendra Modi government to implement its plans to hive off its tower assets into a new company. This move will facilitate leasing out infrastructure to private firms and aims at generating around Rs 1,600 crore in revenue. Almost an year ago, the Department of Telecommunications (DoT) had sent a proposal to a group of ministers... Read More

July 27th, 2014 2:12 AM 26 COMMENTS

BSNL to Lease Tower Infra No to Fiber Sharing, a good Move?

After new government sets in, there are only good news for state-run telcos - BSNL & MTNL. In the latest development BSNL decides for leasing or sharing its telecom towers across the country. The revenue from tower sharing can boost its present weak financial status. At present BSNL has around 73,000 towers of its own and a good number of them are in remote areas which will give good valuation. We... Read More

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