BSNL to use Rs 53,000 cr for 4G, 5G roll out, revamping landlines: Vaishnaw

State-run BSNL will use about Rs 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday.

The Government has announced a capital infusion of Rs 52,937 crore in BSNL during the next fiscal year starting April 1, 2023.

While speaking on Budget 2023-24, the minister said BSNL’s capital infusion is part of the Rs 1.64 lakh crore revival package announced last year and most of the balance sheet items of BSNL have already been addressed.