The Logo of BSNL and MTNL.
Photo credit: Wikipedia
India is not privatising telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), deputy Communications Minister Pemmasani Chandra Sekhar said in reply to a parliament question on Wednesday.
Last month, the federal government had approved an additional capital expenditure plan of over Rs 69,000 crore ($800 million) for BSNL, Sekhar added.
The government had approved Rs 60,000 crore towards 4G network expansion of MTNL and BSNL, local broadcaster CNBC TV18 reported in February.