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"Fibrisation is essential. It is essential for 5G and as only about 30% of our towers are fibrized, and this is despite the government’s push for fiberisation," SP Kochhar, director-general, Cellular Operators Association of India (COAI) said, adding that adequate fiberisation is required so that it would not be a waste of spectrum resource, which is very highly priced.
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The Universal Service Obligation Fund (USOF), the telecom department's (DoT) Rs 58,000-crore reserve to fund rural and remote digital connectivity, has apparently come under dock for awarding contracts to private telecom operators, following the inclusion of fourth generation or 4G mandate, despite BSNL's umpteen letters in a bid to upturn its revenues.
The Tata Group-owned stock climbed 5 per cent during the trade on Monday, closing in on the 52-week high levels it hit in October last year. The counter traded at Rs 468.40 on BSE.
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