Govt not privatising telecom firms BSNL, MTNL, says Union MoS Pemmasani Chandra Sekhar

Industry:    3 weeks ago

India is not privatising telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), deputy Communications Minister Pemmasani Chandra Sekhar said in reply to a parliament question on Wednesday.

Last month, the federal government had approved an additional capital expenditure plan of 69.82 billion rupees ($800 million) for BSNL, Sekhar added.

The government had approved 60 billion rupees towards 4G network expansion of MTNL and BSNL, local broadcaster CNBC TV18 reported in February.

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