TT Epaper LHS
The Telegraph
TT Mobile
 
 
IN TODAY'S PAPER
WEEKLY FEATURES
CITY NEWSLINES
FEEDS
  RSS
  My Yahoo!
SEARCH
 
Archives Web
 
ARCHIVES
Since 1st March, 1999
 
THE TELEGRAPH
 
CIMA Gallary
 
Email This Page
Telecom twins line up mega investment

New Delhi, March 13: Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) will invest Rs 20,000 crore to add 60 million new lines over the next three to four years.

Replying to a question in the Rajya Sabha, communications minister Dayanidhi Maran said the telecom giants have proposed to provide half of these connections in rural areas. “BSNL and MTNL have proposed to invest between Rs 18,000 crore and Rs 20,000 crore during the next three or four years in network expansion,” Maran said, adding that the government has set a target of 250 million phone connections (including 200 million mobile phone connections) in the country by 2007.

On whether the government would take steps to increase the spectrum for the telecom sector, Maran said a group of ministers has already been looking into the issue.

He, however, added that the government would try to bring down the level of spectrum use by the defence sector to increase its availability for telephony use. But he clarified that while taking any such decision, the interest of the defence sector would be borne in mind. Moreover, the defence sector would be provided with high-tech gadgets to supplement their use of spectrum.

Top
Email This Page

 More stories in Business

  • Helmsman hunt hots up in SAIL
  • Securitised debt pool widens
  • Raha seeks fresh date for output review
  • Yellow metal shines in dollar march
  • India Inc ramps up capital spending
  • Bengal rushes to tie up coal for power
  • Bangla in IT overdrive
  • Ma Foi to focus on career counselling
  • Indian dream takes wing
  • IOC closer to deal for Niko Resources
  • Call for low telecom taxes
  • Infotech revenues up 50%
  • Diageo in high spirits
  • Tender for power tools
  • SBI Life to extend rural reach
  • ATandT India to serve better
  • HPC unit on revival track
  • Hint of SEZ land cap review
  • Tata Steel takes a hit
  • Essar snaps up US steel firm
  • Out-of-court deal on HPL looks bleak
  • Sops for farm exports on way
  • PMO in Posco project push
  • One more PSU ready to tap market