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Cabinet likely to infuse capital in BSNL, MTNL

September 09, 2019
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The Union Cabinet is likely to infuse capital through bonds in Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL).

Further, the Cabinet may also decide on allocating 4G spectrum to the two public sector undertakings (PSUs) soon. The proposal for 4G spectrum allocation to BSNL and MTNL is likely to be approved after the Solicitor General has given a go-ahead to the administrative allocation.

The government would allocate the 4G spectrum the two telcos as 100 per cent capital infusion.

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