BSNL to go global, floats separate international business division
India's leading public sector telecom company BSNL (Bharat Sanchar Nigam Limited) has set up a separate international business division to explore Telecom opportunities abroad. BSNL's International Business head M K Jain said in New Delhi the international business unit will look at possibilities abroad-- be it acquisition of companies and bidding for licenses.
BSNL Chairman Kuldeep Goyal had earlier said the company would look at valuable buy-outs based on due diligence of the target company. The PSU, he said has already received in-principle board approval to enter the global market and bidding for Tunisia is one such step.
The North African Tunisian country is set to issue new licenses for fixed line and basic mobile services. The licenses, initially for 15 years, include national and international long-distance services.
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