State-run BSNL on Thursday said government is in the final stage of drafting a revival proposal for the PSU and it would shortly be sent for the inter-ministerial panel for approval.
"Department of Telecom is in the process of finalising a proposal for revival of BSNL to be considered by the Digital Communications Commission (DCC) very soon. DoT would like to see a robust BSNL, duly strengthened and financially viable, dedicated to servicing the nation and playing an important role in the telecom sector", the PSU said in a statement.
The state carrier was responding to a media report on its closure pressurised by the mounting losses.
At present there is no proposal under consideration with the government for closure of BSNL. DoT recognises and values the inherent strengths of BSNL as a telecom services provider with huge infrastructure and reach, especially in rural areas, the PSU said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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