State-owned BSNL’s 4G technology will be upgraded to 5G in 5-7 months and rolled out across 1.35 lakh telecom towers the company has in the country, Union telecom and railway minister Ashwini Vaishnaw said on Thursday. While speaking at a CII event, the minister said the government has plans to increase the telecom technology development fund from Rs. 500 crore per annum to Rs. 4,000 crore to encourage indigenous innovation.
In response to a question on BSNL’s role in telecom sector by Kotak Bank CEO Uday Kotak, Vaishnaw said BSNL will become a very strong stabilising factor in the telecom space.
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