Financial Daily from THE HINDU group of publications
Thursday, Jan 29, 2004
Financial Daily from THE HINDU group of publications Thursday, Jan 29, 2004 |
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Info-Tech
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Telecommunications BSNL to seek unified licence for select circles Our Bureau
Hyderabad , Jan. 28 THE board of directors of the State-owned Bharat Sanchar Nigam Ltd (BSNL) would shortly finalise the strategy for the unified licence regime and possibly apply for a few select circles for unified licence, according to Mr S.D. Saxena, Director Finance, BSNL. Addressing a press conference here today, Mr Saxena, said that the corporation board would finalise the circles where BSNL would like to play a unified role and thereby expand the market further. Licence in all circles does not make business sense. Without elaborating which circles it planned to acquire, Mr Saxena said that BSNL was keen on some select circles. And this would mean an additional investment of about Rs 2,500 crore.
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