At present, only BSNL has installed a satellite gateway through which it provides satellite-based communication services to authorised agencies like security forces, oil companies etc
State-run telecom firms BSNL and MTNL have not cleared their adjusted gross revenue (AGR) dues of over Rs 10,000 crore as calculated by the Department of Telecom, according to an official source.
It's the govt's way of testing the waters to see if Indian firms can make telecom gear
The government will administratively allocate spectrum to telecom public sector units BSNL and MTNL for 5G and future services, Union Minister Ravi Shankar Prasad informed Parliament on Thursday. He said allocation of spectrum to BSNL and MTNL will be done on the same principle as proposed for allotment of spectrum for 4G services. "Government also approved to administratively allot spectrum for providing 5G services to BSNL/MTNL, spectrum for maintaining current operations and future services on the same principle as proposed for allotment of spectrum for 4G services," Prasad said in a written reply to the Rajya Sabha. 5G services are yet to start in India. The minister said the government has allocated funds of Rs 24,084 crore for spectrum for 4G services in 2021-22 and BSNL invited an expression of interest (EoI) on January 1 for prior registration and proof of concept (PoC) for its upcoming 4G tender. He said BSNL will manage the mobile services of MTNL in Delhi Licensed Ser
The Parliament was informed on Wednesday
The firm expects to turn profitable from the financial year 2023-24 subject to roll-out of plans and strategies envisaged under the revival package
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The government had announced a revival package of around Rs 69,000 crore in October 2019
It is learnt that the valuation done by the two companies is much higher than the one arrived at by the transaction advisors
Move to merge may erode BSNL value, say officials
The state-owned firm was earlier supposed to start these services on behalf of MTNL from January 1, but was unable to do so due to some internal issues between the two companies
BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan
State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, DoT said on Monday
BSNL Employees Union has urged the company's chairman and managing director to hold regular interactions with the unions
BSNL will test the quality of Indian telecom equipment before letting indigenous manufacturers participate in the 4G tender to be floated by the company
Another state-run PSU MTNL provides telecom services in Delhi and Mumbai and BSNL currently serves the rest of the country.
The asset sale exercise is expected to start early next year and the final contours will be decided by the GOM.
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The move is significant because it will permit only large Indian companies, with financial muscle especially in the IT space