NEW DELHI (Reuters) – India is not privatising telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), deputy Communications Minister Pemmasani Chandra Sekhar said in reply to a parliament question on Wednesday.
Last month, the federal government had approved an additional capital expenditure plan of 69.82 billion rupees ($800 million) for BSNL, Sekhar added.
The government had approved 60 billion rupees towards 4G network expansion of MTNL and BSNL, local broadcaster CNBC TV18 reported in February.
($1 = 87.2680 Indian rupees)
(Reporting by Hritam Mukherjee in New Delhi; Editing by YP Rajesh)