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Thursday, 12 September 2013

DoT may give BSNL a Rs 10,000-crore breather soon
The telecom department may allow struggling Bharat Sanchar Nigam a breather by excluding Rs 10,000 crore it is likely to get from the Universal Services Obligation Fund (USOF) for implementing two government telecom ventures while computing licence fee.

State-run BSNL is likely to receive the amount from the USOF kitty over next three years for rolling out mobile networks in India's naxalite hotbeds and handling 70% of the trenching and cable laying costs in the national broadband venture, popularly known as the national fibre optic network (NOFN) project.

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