Wednesday, November 24, 2010

BSNL-to-get-Rs-2395-cr-grant-for-rural-WiMax-rollout

BSNL will be given a grant of Rs 2,395 crore with a list of riders to enable the telco to complete the rollout of its wireless broadband services, an official in the telecom ministry aware of the development told ET.

Last month, BSNL had blared its disgust at operating as a social workhorse without compensation, and the state-owned telco had bluntly told the government that it would continue building wireless internet services across rural India only with a grant of Rs 2,395 crore more to support an unviable business.

The state-owned telecom company, which offers services in all parts of the country except Delhi and Mumbai, had written to the telecom department stating that it is against rolling out services on the rural WiMAX project on a no-profit/loss basis without adequate financial support. 


economictimes.indiatimes.com-BSNL-to-get-Rs-2395-cr-grant-for-rural-WiMax-rollout

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