PSUs

Sinking BSNL set to get a fresh lease of life

By Indian Mandarins- 28 Oct 2019
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The decision of the government to revive BSNL with a Rs 70,000 crore package may unleash a new challenges into the telecom sector. The package includes money for VRS, the issuance of 4G spectrum, raising long term bonds, and monetising the company’s real estate assets.

The BSNL has a subscriber base of 87.9 crore wired broadband subscribers and is by far the largest player in the business. It is a matter to be seen how it unfolds at a time when a debate is already underway on whether India will soon move from a three player to a two player private telecom market.

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.