Cabinet approves hiving off mobile tower assets of BSNL into a separate company
This approval authorizes BSNL to monetize its telecom tower infrastructure with the formation of a separate subsidiary company, read a government statement.
There are around 4,42,000 mobile towers in the country out of which more than 66,000 mobile tower are of BSNL. An independent, dedicated tower company of BSNL with a focused approach will lead to increasing of external tenancies and consequentially higher revenue for the new company.
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