BSNL revival plan expected in a month: Chair

BSNL revival plan expected in a month: Chair

"Telecom sector is also going through a challenging phase which all operators are finding very challenging financially because of the very competitive tariff.

FPJ BureauUpdated: Tuesday, October 22, 2019, 09:23 AM IST
article-image
Representational Pic |

Mumbai: The government's plan on reviving telecom company BSNL is expected to be in the public domain within a month and 4G spectrum will be allocated to the firm by the end of this year, BSNL Chairman and MD P.K. Purwar said.

"Telecom sector is also going through a challenging phase which all operators are finding very challenging financially because of the very competitive tariff. BSNL has legacy issues as well, particularly the large manpower base which we are addressing through a revival package.

We expect in a couple of weeks it should be in the public domain or the revival plan should be in the public domain within a month," Purwar said. Meanwhile, the company is partnering video entertainment app Yupp TV.

RECENT STORIES

Despite Drop In Profits, Tech Mahindra Shares Soar Over 9% As Indices Open In Green

Despite Drop In Profits, Tech Mahindra Shares Soar Over 9% As Indices Open In Green

Analysis: Jobless Growth – The Oxymoron Demystified

Analysis: Jobless Growth – The Oxymoron Demystified

Exciting Investment Opportunities Are Available, In The Capital Market

Exciting Investment Opportunities Are Available, In The Capital Market

Coromandel International Q4 Profit Falls 33% To ₹164 Cr On Lower Income

Coromandel International Q4 Profit Falls 33% To ₹164 Cr On Lower Income

PM SVANidhi: Centre Paid ₹147.82 Crore In Interest Subsidy On Loans

PM SVANidhi: Centre Paid ₹147.82 Crore In Interest Subsidy On Loans