Business Standard | May 24, 2011 | Mansi Taneja
Bharat Sanchar Nigam Ltd (BSNL) is planning to rope in private equity investors, including telecom companies, to pick up stake in a new company that will be floated by hiving off the state-run telecom major’s towers.
This is the first time that BSNL is looking for private sector investment. It has over 40,000 towers across the country, which, based on previous deals, are valued at around Rs 16,000- Rs 20,000 crore.
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