Telecom sector: Reviving BSNL and MTNL on top of the new govt's agenda

The government may also look at the monetisation of BSNL's real estate assets

Reviving two sick companies — Bharat Sanchar Nigam Ltd and Mahanagar Telephone Ltd — will be top of the agenda for the new government, besides preparing for the 5G spectrum auctions.

The Department of Telecommunications is ready with a revival package worth Rs 18,000 crore for the two sick public sector units to be taken to the Cabinet for its approval.

“The restoration of MTNL and BSNL is our priority and we are focused on that. The package is ready and we will take it to the Cabinet once the new government takes charge,” a senior DoT official said.

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