In an effort to revive the loss-making telecom PSUs BSNL and MTNL, the Union Cabinet on Wednesday approved certain financial incentives for them, reports fe Bureau in New Delhi. Accordingly, it gave its nod to BSNL to hive off its towers into a separate company, which
would help it monetise it. In addition, both PSUs will get refunds for surrendering part of their CDMA spectrum that was put up for auction this year in March. The compensation works out to R169.16 crore for BSNL and R458.04 crore for MTNL. While the compensation for.