29 October 2024
BSNL is reportedly planning to lease out its land assets to data centre operators and renewable energy firms as part of a broader strategy to turn around slow telecoms business.
BSNL chairman Robert K Ravi said that the company is exploring ways to monetise its property assets in various states, including telephone exchanges and office infrastructure, by leasing them out or even selling them. Ravi said that BSNL is talking with data storage companies about possible lease deals, as well as wind and solar energy players who sell renewables to state governments.
In addition to leasing land assets, BSNL’s turnaround strategy also includes several new service launches such spam blockers, automated SIM kiosks and direct-to-device services, as well as a new logo, the report said.
However, the most anticipated pillar is the launch of its long-delayed 4G network, which is still in testing despite earlier promises to launch in August and then October.