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BSNL seeks Rs 14,769 cr for spectrum, VRS support

Last Updated : 06 August 2013, 16:51 IST
Last Updated : 06 August 2013, 16:51 IST

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State-owned BSNL is understood to have sought Rs 14,769 crore from the government for returning the spectrum for broadband wireless services and providing voluntary retirement to over 71,000 employees.

It has also sought permission for lease or sale of its real estate.

Sources said BSNL has submitted its demand to the Group of Ministers (GoM), which is looking at ways to revive the loss making telecom firm.

The company is believed to have sought government's permission for sale or long lease of real estate property by making changes in its memorandum of association (MoA) and articles of association (AoA).

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Published 06 August 2013, 16:51 IST

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