NEW DELHI: State-owned Bharat Sanchar Nigam Ltd is understood to have pulled out of the over Rs 1,500 crore Singapore undersea cable project.
BSNL had joined hands with another state-owned telecom firm MTNL in September 2006 to build an undersea cable from India to Singapore and Malaysia.
BSNL confirmed that they would be buying bandwidth from MTNL.
Following this, MTNL will be working alone on the Rs 1,500 crore Singapore undersea cable project. However, MTNL officials declined to comment on the issue.
Scrips of the MTNL was quoting at Rs 94.65, up 1.18 per cent in late afternoon trade at the Bombay Stock Exchange.
Source: EconomicTimes
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Hi Nipun, All your articles are an interesting read. Iam working on a paper which deals with the influences of telecom policies in india and on ISPs plight in providing broadband policies. I have a variety of questions reg the same. It would be great if you could offer your valuable time in helping me out. Please reply to richknit@gmail.com. By the way, Iam willing to send you a copy of my report. Well, if you like it, you could post in in your blog.Thanks.
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