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Govt clears plan to hive off BSNL’s telecom tower assets

By Reuters

  • 12 Sep 2017
Govt clears plan to hive off BSNL’s telecom tower assets
Credit: Shah Junaid/VCCircle

India approved a plan on Tuesday to hive off mobile tower assets of state-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) into a separate unit.

This will help BSNL to monetize its telecom tower infrastructure with the formation of a separate unit that will be fully owned by BSNL.

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