Telecom Minister Manoj Sinha today exuded confidence that India's growing data consumption will lead to revival of the debt-laden industry, but asserted that the government will not hesitate to intervene, if needed. The sector has seen ups and downs... in 2000 also, there was a similar situation," Sinha told reporters here. The minister expressed hope that the Cabinet nod for the second phase of the rural broadband project - Bharat Net - will come soon. The second phase entails broadband connectivity for the remaining 1.5 lakh gram panchayats by December 2018. Meanwhile, a tripartite memorandum of understanding was signed today between Bharat Broadband Network Limited, Department of Posts and BSNL for providing broadband connectivity to post offices in rural areas.

Source: dna April 28, 2017 16:30 UTC