Monday, 20 November 2017

India holds back on BSNL sale

By Mary Lennighan, Total Telecom
Thursday 31 August 17

Government wants to concentrate on Air India privatisation, sources say, while telco's CEO says sale should wait until it returns to profit.

The Indian government is holding off on making a decision around a proposed privatisation of state-owned telco BSNL due to the current state of the country's telecoms market, Reuters reported on Thursday. The newswire cited unnamed government officials as saying that the BSNL sale is on the back burner to enable the authorities to concentrate on the privatisation of Air India…

The Indian government is holding off on making a decision around a proposed privatisation of state-owned telco BSNL due to the current state of the country's telecoms market, Reuters reported on Thursday. The newswire cited unnamed government officials as saying that the BSNL sale is on the back burner to enable the authorities to concentrate on the privatisation of Air India…

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