BSNL gets $11 billion bailout to facilitate 5G
The Indian government has approved a third revival package for troubled BSNL worth a total of almost US$11 billion that mainly involves the allocation of spectrum for 4G and 5G mobile services.
The Union Cabinet shared details of the 890.47 billion-rupee ($10.8 billion) package, which it claims will see BSNL emerge as “a stable telecom service provider focused on providing connectivity to remotest parts of India.”
If it feels like we have heard that somewhere before, that’s pro
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