Posted Jul.31, 2009 in BSNL IPO, Telecom
BSNL has decided to share Tower Infrastructure with private companies .This is a change in stand from previous one.
BSNL is optimistic of getting 1000 crores per year by sharing infrastructure .
BSNL has also decided to use tower infrastructure from Private companies to ensure speedy rollout of services
Posted Aug.12, 2008 in BSNL IPO
BSNL IPO Allotment Status , Allocation Details
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Posted Aug.08, 2008 in BSNL IPO
The government on Thursday dangled the carrot of a lucrative stock option scheme involving an estimated Rs 6,410 crore to BSNL employees but the influential workers’ unions have so far refused to play ball. The move is aimed at co-opting the employees in an attempt to list the telecom behemoth in bourses.
Posted Aug.07, 2008 in BSNL IPO, Indian Stock Market
New Delhi, Aug 7 (IANS) The state-owned telecom company Bharat Sanchar Nigam Ltd (BSNL) is yet to take a decision on its proposed initial public offer, telecom minister Thiru A. Raja said here Thursday.
Posted May.30, 2008 in BSNL IPO, Indian Stock Market, Ipo
BSNL IPO | Bharat Sanchar Nigam Ltd IPO : A government of India Enterprice
BSNL is trying to launch an IPO to raise funds for GSM expansion , 3G Service in India , Wimax Data service.
Company has Rs 40,000 Crores as reserves. Company is trying very hard to launch this offering .
BSNL IPO is the biggest initial offering from Government sector side. Size of this IPO is unknown but Valuation is likely to be in the range of Rs. 75,000 to 1,50,000 Crores.
Union Minister for Telecom and IT , Mr.Raja ( DMK ) is desperate to list this entity.
BSNL Unions however are not intrested in listing the PSU . Govt has to get consent from the union before they go ahead with this one.
IPO Price is likely to be in the range of Rs. 250 – 400 per share.
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