IN a much-needed relief, the Cabinet on Wednesday approved the third revival package of ₹89,047 crore for ailing state-owned Bharat Sanchar Nigam Limited (BSNL).
This package is for allocation of spectrum for the launch of 4G and 5G services across the country, as it is facing stiff competition from rival Bharti Airtel and Reliance Jio.
BSNL is yet to unveil its 4G or 5G network even as the two private telecom service providers are already rolling out 5G services across the country.
This is one of the reasons that the company is losing its subscribers rapidly. However, this package will help the company to speed up its 4G and 5G rollout in the country.
This story is from the June 08, 2023 edition of The New Indian Express.
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This story is from the June 08, 2023 edition of The New Indian Express.
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