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Reserve price for auction will not have significant impact on BSNL: R K Upadhyay
TT Correspondent |  |  06 Aug 2012

BSNL Chairman and Managing Director R K Upadhyay  has said that the government’s decision to fix the reserve price for for spectrum auction at Rs 14,000 crore would not not have significant impact on  BSNL.

 

“The pricing would not make significant dent on BSNL. However, it could be disadvantageous while renewal process is undertaken," he said while talking to the media persons in Tiruchirapalli.

 

He said that the highest authority of telecom had announced the price after a lot of deliberations and views by TRAI.

 

On the BSNL's financial results of 2011-12 expected to be released by September, he said that the state owned telecom major is likely to at least break-even. He said that roughly 52-53 per cent of the total expenditure goes towards wages bill and other establishment charges.

 

On the issue of 14.37 million lines augmentation tender, he said that purchase orders have been issued and suppliers will start supply requisite equipments from next month.

 

He said the exercise is likely to culminate in the next 7-8 months. 

    
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06 Aug 2012(IST)  
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