BSNL, MTNL to get Rs 11,258 crore on spectrum surrender

Rs 200-cr burden likely for TV rating agencies

The Cabinet on Thursday approved a Rs 11,258-crore bonanza to two beleaguered state-run telecommunication companies and approved regulations for television rating agencies. Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) can surrender their broadband wireless access (BWA) spectrum and get refunds of Rs 11,258 crore, the Cabinet said. TV rating agencies, on the other hand, might have to shell out Rs 200-300 crore to meet at least one of the regulations, which also require them to be registered. BSNL and MTNL had asked for a refund of the entire amount paid for ...