According to a media report, Union Minister of State for Telecom and IT, Jyotiaraditya Scindia said that the Government has no plans to privatize Bharat Sanchar Nigam Ltd. or BSNL and the public sector telecom major is only coming out with an IPO by divesting 10% of its equity only. Proceeds generated from IPO would be utilized to strengthen the BSNL network in far remote areas, minister further said. He said BSNL should focus on providing high quality service, so that it can attract people and also complete with the private players. With regard to GSM network, he indicated that presently 1,392 towers of the service are established in the state and the number of towers would go up to 4,500 by 2009. He further added that mobile and broadband services would be provided by 2009, where 100 customers are guaranteed and added that the target of the ministry is to provide telecom services up to panchayat level. Presently, there is an increase of 67,000 more landline phones in the state. However BSNL has set the target to install three lakh more connections by the year-end, Scindia added.
Wireless Federation » Govt. in no mood to privatize BSNL (India)
Govt. in no mood to privatize BSNL (India)
- August 25th, 2008
- 12:04 pm
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