Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Corporate
Disinvestment Secretary hopes for BSNL listing next fiscal
TT Correspondent |  New Delhi |  19 Jan 2010

Disinvestment Secretary, Sunil Mitra in an interaction with CNBC TV 18 said that the government hopes that BSNL will be able to float an IPO within next fiscal.

 “I hope BSNL IPO happens in the coming year (2010-11). I can’t say exactly when, but I certainly hope that it does happen because BSNL does need to open up to public ownership primarily with a view to strengthen its own management and its accountability, ” he said.

 “The company’s financials are doing pretty badly and it certainly shouldn’t be so, because, telecom as you know, it is one of the sector that you have to be competitive and they (BSNL) have to pull up,” added Mitra.

    
 mail this article    print this article    Show and Post comment
19 Jan 2010(IST)  
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more