26 Apr Articles
An awareness session by BSNL management on creating a new tower subsidiary company by hiving off the tower business of BSNL
An awareness session was convened by BSNL management on creating a new tower subsidiary company by hiving off the tower business of BSNL. The session was attended by General Secretary Shri Ravi Shil Verma and Vice President Shri Mantosh Kumar. From the presentation, it appeared that the whole exercise is more intended towards engaging a strategic partner as phase-II as a JV Project. We expressed our concern to the management side that if at all the exercise was done for creating a more focused approach on tower business then other revenue earning verticals also require a stronger focus, so how BSNL is going to guarantee that other verticals will not be converted into a similar type of subsidiaries and if it is not an indirect form of disinvestment.
We suggested that instead of creating a subsidiary, better option is to create a separate vertical for the same if BSNL senses a wide business opportunity in this segment.