Govt not privatising telecom firms BSNL, MTNL, says Union MoS Pemmasani Chandra Sekhar

India has confirmed that it is not privatising state-owned telecom firms BSNL and MTNL, according to Deputy Communications Minister Pemmasani Chandra Sekhar. The federal government recently approved substantial investments, including an 800 millio...

India is not privatising telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), deputy Communications Minister Pemmasani Chandra Sekhar said in reply to a parliament question on Wednesday.

Last month, the federal government had approved an additional capital expenditure plan of 69.82 billion rupees ($800 million) for BSNL, Sekhar added.

The government had approved 60 billion rupees towards 4G network expansion of MTNL and BSNL, local broadcaster CNBC TV18 reported in February.

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