India not privatising telecom firms BSNL, MTNL, says deputy communications minister
12/03/2025 07:19
NEW DELHI, March 12 (Reuters) - India is not privatising telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) MTNL.NS, deputy Communications Minister Pemmasani Chandra Sekhar said in reply to a parliament question on Wednesday. Last month, the federal government had approved an additional capital expenditure plan of 69.82 billion rupees ($800 million) for BSNL, Sekhar added. The government had approved 60 billion rupees towards 4G network expansion of MTNL and BSNL, local broadcaster CNBC TV18 reported in February. ($1 = 87.2680 Indian rupees) (Reporting by Hritam Mukherjee in New Delhi; Editing by YP Rajesh) ((Hritam.Mukherjee@thomsonreuters.com; X: @MukherjeeHritam;))
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