Cabinet Approves ₹6,000 Cr Package for BSNL & MTNL 4G Expansion
The Indian government has taken a significant step to boost the country’s 4G network coverage by approving a financial package worth ₹6,000 crore for the expansion of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL). The package aims to accelerate the setting up of 4G sites across the country, improving connectivity and providing better network services to consumers.
The approval from the Union Cabinet is a major relief for BSNL and MTNL, which have been struggling to keep up with the growing demand for high-speed internet services. The two state-owned telecom operators have been lagging behind their private counterparts in terms of 4G network expansion, which has led to a significant loss of subscribers.
The ₹6,000 crore package is a significant investment in the country’s telecom infrastructure, which is expected to have a positive impact on the economy and society as a whole. The expansion of 4G networks will not only improve connectivity but also create job opportunities and stimulate economic growth.
According to the approved plan, around one lakh 4G sites will be set up across the country, which will significantly improve the network coverage and quality. The expansion will be carried out in a phased manner, with the first phase focusing on the installation of 40,000 4G sites in the next 18 months.
The additional funding of ₹6,000 crore will be required to fully fund the expansion, which is expected to take around three years to complete. The funding will be used to purchase equipment, install 4G sites, and train employees to manage the new network.
The approval of the financial package is a significant step towards the modernization of BSNL and MTNL’s network infrastructure. The two telecom operators have been facing financial challenges in recent years, which has impacted their ability to invest in new technologies and expand their network coverage.
The expansion of 4G networks will also help to reduce the digital divide in the country, which has been a major concern for the government. The improved connectivity will enable people in rural and remote areas to access high-speed internet services, which will improve their quality of life and provide access to various government services.
The approval of the financial package has been welcomed by the industry and experts, who see it as a significant step towards the growth and development of the telecom sector in India. “The approval of the financial package is a significant step towards the modernization of BSNL and MTNL’s network infrastructure,” said Rakesh Chopra, a telecom expert. “The expansion of 4G networks will improve connectivity and provide better network services to consumers, which will have a positive impact on the economy and society.”
The expansion of 4G networks will also help to improve the competitiveness of BSNL and MTNL in the market, which has been a major concern for the government. The two telecom operators have been struggling to compete with their private counterparts, which has led to a significant loss of subscribers.
The approval of the financial package is a significant step towards the revival of BSNL and MTNL, which have been facing financial challenges in recent years. The expansion of 4G networks will improve their competitiveness and provide better network services to consumers, which will have a positive impact on the economy and society.
In conclusion, the approval of the ₹6,000 crore package for the expansion of BSNL and MTNL’s 4G networks is a significant step towards the growth and development of the telecom sector in India. The expansion will improve connectivity, provide better network services to consumers, and create job opportunities, which will have a positive impact on the economy and society as a whole.
