BBNL to be merged with the ailing telco
FRESH PACKAGE
Conversion of dues into equity, financial support, spectrum allocation for 4G services
- BBNL merger to boost infra and support telephony services
- Cash component of ₹43,964 crore and non-cash component of ₹1.2 trillion spread over four years
With the 2019 package, BSNL became a stable entity. With today's revival package, it will become a viable entity. - ASHWINI VAISHNAW, telecom minister
GOVERNMENT ON THE Wednesday announced. a hefty revival package of ₹1.64 trillion for state-owned telecom service provider Bharat Sanchar Nigam (BSNL).
This package for the ailing company is much bigger than the ₹74,000-crore bailout announced in October 2019.
The fresh package, which was approved by the Union Cabinet, comprises conversion of the company's dues into equity, financial support and allocation of spectrum to provide 4G services. It may be mentioned that the 2019 also package included ₹23,814 crore towards allocation of 4G spectrum.
هذه القصة مأخوذة من طبعة July 28, 2022 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 28, 2022 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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