New Delhi: India has no plans to privatise state-owned telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), Deputy Communications Minister Pemmasani Chandra Sekhar confirmed in response to a parliamentary inquiry on Wednesday.
Sekhar also stated that the federal government recently approved an additional capital expenditure of 69.82 billion rupees ($800 million) for BSNL. This move aligns with the government’s broader strategy to strengthen the public sector telecom company and enhance its network infrastructure.
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The statement comes amid ongoing speculation regarding the future of BSNL and MTNL, as both firms have faced financial challenges in recent years. However, the government has repeatedly emphasized its commitment to supporting BSNL, viewing it as a strategic asset in India’s telecom sector.
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