Wednesday, 13 September 2017

Cabinet nod for Separation of BSNL's Tower Business

   The Cabinet approved hiving off the mobile tower assets of Bharat Sanchar Nigam Ltd (BSNL) into a separate company, fully owned by BSNL.

It has authorised BSNL to monetise its telecom tower infrastructure with the formation of a separate subsidiary, said an official release.

BSNL owns 66,000 of the 4. 42 lakh towers in the country.

The government is looking at external tenancies and garnering revenues for the new, ‘dedicated’ tower company of BSNL, the government release said. 

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