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Govt extends BSNL s unified license for 20 years on Rs 250 crore bank guarantee
While the agreement was signed on Thursday, the license has been granted starting from February 29 this year.
BusinessToday.In | December 11, 2020 | Updated 19:56 IST
Bharat Sanchar Nigam Limited (BSNL) has received an extension on its unified license (UL) by the Department of Telecommunications (DoT) for the next twenty years after the state-owned telecom operator submitted a bank guarantee (BG) worth Rs 250 crore.
Post the renewal of the license, which had expired on February 28 this year, BSNL would now be able to provide seamless 2G, 3G and 4G services across 20 telecom circles.
The PM WANI scheme which aims to increase the penetration of broadband connectivity across India will provide a further push to internet adoption in rural India over the next few years, said Internet and Mobile Association of India (IAMAI) on Friday.