Voluntary retirement scheme for BSNL, MTNL: DoT floats Cabinet note; 4G spectrum allocation also in works

The Department of Telecom is learnt to have circulated a draft cabinet note for the allocation of 4G spectrum to BSNL and MTNL and implementation of a voluntary retirement scheme at the two loss-making telecom PSUs. The department has sought comments of the key ministries on the proposals, an official source told PTI.

“The Department of Telecom has sent a draft cabinet note on 4G spectrum allocation to BSNL and MTNL and implementation of voluntary retirement scheme in these organisation. Comments from some of the key ministries are awaited,” an official source told PTI. Both the companies have also sought spectrum for 4G services through equity infusion from the government. BSNL, which has the lowest debt of Rs 14,000 crore among all telecom operators, has sought 4G spectrum across India through equity infusion of Rs 7,000 crore. The total spectrum will cost the firm Rs 14,000 crore.