The strategic plan outlined by the Department of Telecom (DoT) will allow greater synergies amongst the state owned entities and pave the way for them to jointly tap business and opportunities in promising areas like 5G, and Internet of Things.
The action plan covers seven entities -- Mahanagar Telephone Nigam Ltd (MTNL), Bharat Sanchar Nigam Ltd (BSNL), Indian Telephone Industries Ltd (ITI), Centre for Development of Telematics (CDOT), Telecommunications Consultants India Ltd (TCIL), Testing and Certification of Telecom Equipments (TEC), BharatNet (BBNL).
These organisations need to work in tandem in the market, to face competition, address new business opportunities arising from Government initiatives like Digital India and Smart City, and for optimum utilisation of their resources, he added.
The Minister cited the examples of BharatNet and the turnaround of ITI to underscore the positive outcomes of the strategic plan for the telecom PSUs.
"Under the strategic plan, we have identified specific areas where our teams will work on including manpower, settlement of legal issues and utilisation of vacant space, land and buildings. I am pleased to see the focus on clearly-defined timelines and performance indicators," Sinha said.
The strategic plan -- the work on which began in January 2016 -- entails amongst other things, an effective utilisation of Human Resources including deriving synergies in training of manpower, and creation of a common platform for web based online training by BSNL, in a time bound manner.
Other aspects include operational utilisation of vacant space, land and buildings within telecom PSUs and organisations within DoT, and promoting Make in India by taking advantage of preferential market access policy.
The strategic roadmap will also cover other areas like standards and certification, and preparing to tap opportunities in areas like 5G and Internet of Things (IoT).
During the event today, MoUs were also exchanged between various PSUs under the strategic plan.
BSNL, BBNL, MTNL, TCIL, and ITI through a MoU have also developed a framework to address payment issues that arise among them during execution of various business contracts.
Agreements were also signed between CDoT, ITI and TCIL pertaining to export of products, ITI and CDOT for transfer of technology, and between MTNL, ITI and CDoT for joint execution of Internet of Things and smart city projects.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
