BSNL seeks Rs6,652 crore as equity infusion from government: Manoj Sinha - News Summed Up

BSNL seeks Rs6,652 crore as equity infusion from government: Manoj Sinha


Telecom minister Manoj Sinhasaid BSNL has sought from the DoT Rs6,652 crore as equity infusion out of total spectrum cost of Rs13,885 crore. Photo: PTINew Delhi: State-run telecom firm BSNL has sought Rs6,652 crore as equity infusion from the government to fund its spectrum purchase worth about Rs13,885 crore, telecom minister Manoj Sinha informed Parliament on Friday. “BSNL has sought from the DoT Rs6,652 crore as equity infusion out of total spectrum cost of Rs13,885 crore. BSNL will pay the balance Rs7,233 crore of spectrum cost in ten annual installments from its internal accruals,” Sinha said in a written statement to the Rajya Sabha. BSNL has requested for allocation of 5MHz in 800 MHz spectrum band which is used for 4G services at present.


Source: Mint February 02, 2018 12:33 UTC



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