BSNL is poised to flourish after govt's Rs 70,000-crore revival package

The government’s decision to revive Bharat Sanchar Nigam Ltd (BSNL) with a Rs 70,000 crore package could unleash a new challenger into the telecom sweepstakes at a time when a debate is already underway on whether India will soon move from a three player to a two player private telco market. The package includes money for voluntary retirement, the issuance of 4G spectrum, raising long term bonds, and monetising the company’s real estate assets.  With a subscriber base of 8.79 million wired broadband subscribers, BSNL is already by far the largest player in the busi.....

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.