Union Cabinet approves merger of BBNL and BSNL
Recently the Union Cabinet has approved the merger of Bharat Broadband Network Limited (BBNL) with Bharat Sanchar Nigam Limited (BSNL). The ownership of the assets of BSNL will be with the government. BSNL currently has an optical fiber cable network of more than 6.83 lakh km.
Optical fiber has been laid for 67 lakh kilometers in 1.85 lakh Gram Panchayats of India using Universal
Service Obligation Fund (USOF). However the merger of BBNL with BSNL was first announced in April 2022. BBNL is the Special Purpose Vehicle (SPV), which was set up to implement the BharatNet project.
BSNL
BSNL is owned by the Department.of Telecommunications which is headquartered at New Delhi. It was established on 1st October, 2000. It
is the largest state-owned wireless telecommunications service provider company in the country. Bharat Broadband Network Limited also known as BharatNet is owned by the government which provide broadband infrastructure. It has
been set up by the Department of Telecommunications under the Ministry of Communications.
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Union Cabinet