DoT commission seeks revenue assurance from BSNL, MTNL for revival support

The Digital Communications Commission (DCC) on Thursday asked loss-making telecom PSUs BSNL and MTNL to explain their turnaround strategy and give an assurance to achieve higher revenue for getting financial support, an official said.

Public sector firms BSNL and MTNL have sought financial support, 4G spectrum and approvals for asset sales as part of their revival plans.

“DCC members wanted to know what is the revival plan, when will these (BSNL and MTNL) companies come back to health, how will they ensure that if they are given all the support, how exactly the commission can foresee that they will achieve higher revenue,” an official source said after the meeting.