Centre to allocate additional Rs 6000 crore to BSNL for 4G gear acquisition
The Centre is set to allocate an additional Rs 6,000 crore to Bharat Sanchar Nigam Limited (BSNL) for the acquisition of 4G network equipment, which is crucial for the long-overdue deployment of the state-run telecom’s services, according to a report by The Economic Times. The delay in the 4G rollout has worsened BSNL’s subscriber attrition.
Citing officials with knowledge of the matter, the business daily said the Department of Telecommunications (DoT) plans to inject this capital to address the shortfall in funds for 4G equipment, which is being deployed through a domestically developed technology stack. The DoT is expected to seek Cabinet approval for this funding soon.