New Delhi: Telecom minister Ravi Shankar Prasad on Friday assured Parliament that his ministry will revive BSNL and said the government will provide full support to the state-owned telecom giant to help regain its past glory.
“BSNL will not be allowed to die,” the minister assured the House. The minister also informed that BSNL was in the pink of financial health but lost to competition due to inadequate investment in infrastructure expansion that ought to have been provided during past few years. Mr Prasad said BSNL also slipped because it was made to pay “market rate (of Rs 18,500.38 crore) for both 3G and broadband wireless access spectrum” along with high employee cost and poor perception of quality of service provided by BSNL.