BPL to bet big on wireless space

BPL Limited, after hiving off its mainstay CTV business in the JV with Sanyo, plans to bet big on the wirless space.

The company has started this initiative through launching GSM handsets and according to Ajit Nambiar, there is immense scope in the wireless space and the company will detail them in the near future.

"BPL is open to sell a few of their legacy businesses which are no longer strategic and are getting offers which are being considered.