News Details

( As on 07/06/2023 18:43)

Cabinet okays Rs 89,047 cr for 4G, 5G spectrum allocation to BSNL

The Union Cabinet today approved the third revival package for BSNL with a total outlay of Rs 89,047 crore.

The package includes allotment of 4G and 5G spectrum for BSNL through equity infusion, an official statement said.

Also, the authorized capital of BSNL will be increased from ? 1,50,000 crore to ? 2,10,000 crore.

The package comprises allotment of premium wireless frequencies 700 MHz band spectrum worth ? 46,338.6 crore; 70 MHz of frequencies in 3300 MHz band worth ? 26,184.2 crore; frequencies in 26 GHz band worth ? 6,564.93 crore; in 2500 MHz band worth ? 9,428.2 crore and ? 531.89 crore for miscellaneous items.

The spectrum allocation will enable BSNL to roll out pan-India 4G and 5G services, 4G coverage in rural and uncovered villages under various connectivity projects, provide Fixed Wireless Access (FWA) services for high-speed internet and provide services/spectrum for Captive Non-Public Network (CNPN).