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BSNL May Seek Rs 2,000 Crore Grant to Give up a Part of Spectrum

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State-run Bharat Sanchar Nigam Ltd is considering seeking government grant in return for relinquishing a slice of the premium 900 MHz spectrum which the telecom regulator wants to free up for the next round of airwave auctions.

A top BSNL executive told ET that the company is likely to seek a “near Rs 2,000-crore grant from the government to meet additional capex and network re-engineering costs” as a pre-condition to heeding the regulator’s call and relinquishing 1.2 MHz of efficient 900 MHz spectrum in some 18 circles (barring Punjab) where its licences expire in 2015-16. Original post at ET Telecom

Wahengbam Rorrkychand

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