Cabinet Approves Rs 1.64 Lakh Crore Revival Package For BSNL: Minister

The Union Cabinet on Wednesday approved a Rs 1.64 lakh crore package for the revival of state-owned telecom firm BSNL, Telecom Minister Ashwini Vaishnaw said. The revival measures approved by the Cabinet focus on fresh capital for upgrading services, allocating spectrum, de-stressing its balance sheet and augmenting its fibre network by merging Bharat Broadband Nigam Ltd (BBNL) with BSNL. Briefing reporters on the decision taken ...