Category: Standard

DoT mulls Rs 13000 crore bailout package for debt-ridden BSNL – Business Standard 0

DoT mulls Rs 13000 crore bailout package for debt-ridden BSNL – Business Standard

The proposal includes a Rs 6,365 crore voluntary retirement package and 4G spectrum allotment through Rs 6,767 crore equity infusion and monetisation of real estate assets As state-owned Bharat Sanchar Nigam Ltd struggles to stay afloat amid a precarious debt situation, the Department of Telecommunications (DoT)is considering a bailout package worth over Rs 13,000 crore…