Cabinet Approves ₹6,000 Cr Package for BSNL & MTNL 4G Expansion
In a significant move to improve connectivity and network services in the country, the Union Cabinet has approved a financial package of ₹6,000 crore to accelerate the 4G network expansion of Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL). The move aims to set up around one lakh 4G sites, which will significantly enhance network coverage and provide better services to consumers.
As per the reports, the approved package is a significant step towards modernizing the two state-run operators, which have been struggling to keep pace with the growing demand for high-speed internet and mobile services. The expansion plan is expected to not only improve the overall network quality but also increase competition in the telecom sector, ultimately benefiting consumers.
The financial package will be used to upgrade the existing network infrastructure, including the installation of new 4G sites, upgrading of existing sites, and the deployment of advanced technologies such as fiber-to-the-home (FTTH) and fiber-to-the-cabinet (FTTC). The plan also includes the upgrading of the IT systems and the modernization of the transmission network.
The expansion plan is expected to have a significant impact on the country’s telecom sector, which has been facing intense competition in recent years. The move is expected to increase competition, which will ultimately benefit consumers by offering better services and lower tariffs. Additionally, the expansion plan will also create employment opportunities and contribute to the country’s economic growth.
The financial package of ₹6,000 crore is a significant injection of funds into the two state-run operators, which have been struggling to keep pace with the growing demand for high-speed internet and mobile services. The funds will be used to upgrade the existing network infrastructure, including the installation of new 4G sites, upgrading of existing sites, and the deployment of advanced technologies such as fiber-to-the-home (FTTH) and fiber-to-the-cabinet (FTTC).
The plan is also expected to improve the overall network quality, reduce dropped calls, and increase data speeds. The expansion plan will also enable the two state-run operators to offer a range of new services, including high-speed internet, mobile services, and fixed-line services.
The approval of the financial package is a significant step towards the modernization of BSNL and MTNL, which have been struggling to keep pace with the growing demand for high-speed internet and mobile services. The move is expected to increase competition in the telecom sector, ultimately benefiting consumers.
The two state-run operators have been facing intense competition from private operators such as Reliance Jio, Bharti Airtel, and Vodafone Idea, which have been offering low-cost services and high-speed internet. The expansion plan is expected to help BSNL and MTNL to compete more effectively with private operators and offer better services to consumers.
The financial package is also expected to create employment opportunities and contribute to the country’s economic growth. The plan is expected to create around 10,000 jobs, both directly and indirectly, which will have a positive impact on the economy.
In conclusion, the approval of the financial package of ₹6,000 crore for BSNL and MTNL 4G expansion is a significant step towards the modernization of the two state-run operators. The plan is expected to improve the overall network quality, increase competition in the telecom sector, create employment opportunities, and contribute to the country’s economic growth.
