BSNL to surrender Broadband Wireless Access spectrum in 17 circles
BSNL is planning to surrender its Broadband Wireless Access (BWA) spectrum in 17 circles and hopes to get back a refund of Rs 8,313.80 crores. BSNL incurred a loss of over Rs 6,000 crore for 2010-11 because of high staff cost and payments made for acquiring 3G and BWA spectrum.
According to sources, the letter stated that “BSNL was allotted non-standardised band of BWA and can’t be put in use, so the company wants to return. The department will now take a look and may consider an option to re-auction the spectrum also if possible.”