<div align="justify">The Centre on Tuesday approved hiving off mobile towers of state-run telecom firm BSNL into a separate company.<br /><br />"The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for hiving off mobile tower assets of Bharat Sanchar Nigam Limited (BSNL) into a separate company, fully-owned by BSNL," an official statement said.<br /><br />An independent, dedicated tower company of BSNL with a focused approach will lead to increasing of external tenancies and consequentially higher revenue for the new company, it added.<br /><br />There are around 4,42,000 mobile towers in the country, out of which BSNL owns more than 66,000.<br /><br />The Department of Telecommunications (DoT) policy allows sharing of passive infrastructure including tower structure, diesel generator sets, battery units, power interface unit and air-conditioning,which has facilitated the growth of the telecom infrastructure industry.<br /><br />A tower infrastructure company essentially owns the passive infrastructure asset and leases it to telecom service providers enabling them to minimise duplication of investments and economise on costs of operation and maintenance, thereby improving profitability.<br /><br /> </div>
<div align="justify">The Centre on Tuesday approved hiving off mobile towers of state-run telecom firm BSNL into a separate company.<br /><br />"The Union Cabinet chaired by Prime Minister Narendra Modi has given its approval for hiving off mobile tower assets of Bharat Sanchar Nigam Limited (BSNL) into a separate company, fully-owned by BSNL," an official statement said.<br /><br />An independent, dedicated tower company of BSNL with a focused approach will lead to increasing of external tenancies and consequentially higher revenue for the new company, it added.<br /><br />There are around 4,42,000 mobile towers in the country, out of which BSNL owns more than 66,000.<br /><br />The Department of Telecommunications (DoT) policy allows sharing of passive infrastructure including tower structure, diesel generator sets, battery units, power interface unit and air-conditioning,which has facilitated the growth of the telecom infrastructure industry.<br /><br />A tower infrastructure company essentially owns the passive infrastructure asset and leases it to telecom service providers enabling them to minimise duplication of investments and economise on costs of operation and maintenance, thereby improving profitability.<br /><br /> </div>
