BSNL seeks 5 days for BWA payment

NEW DELHI: State-run BSNL has sought up to five days extension from the department of telecom to pay Rs 8,313.8 crore for Broadband Wireless Access (BWA) spectrum, citing nonavailability of funds. All other operators who got BWA spectrum, including MTNL, have already paid for it.

“We have asked for a ‘few more days’ to pay the broadband spectrum fee, as we are in the process of arranging funds. Although we have the required funds, these funds are not liquid at the moment and are all tied up,” said BSNL CMD Kuldeep Goyal.

Asked what he meant by a “few more days” , Mr Goyal said it could be one to five days. Tuesday was the last date for making BWA payments.