TCS poised to seal likely $2 billion deal for BSNL 4G

Tata Consultancy Services (TCS) and Bharat Sanchar Nigam Ltd (BSNL) are in the final stages of closing an estimated $2-billion deal (Rs 16,000 crore) to launch the state-run telco’s 4G network, people in the know told ET.

The two companies have bridged differences over pricing and other commercial terms, they said, paving the way for the Tata group–led consortium to emerge as India’s first indigenous telecom network solutions provider in a market dominated by global majors.

“There was a lot of procedural delay on pricing, but it is now expected to be finalised within a few days,” said one person cited above, adding that the Centre is keen to see a closure “as it has been pending for some time.” The public-private combine is expected to roll out BSNL’s 4G services across 100,000 towers or sites, the person added.