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India to Announce $9 Billion Network Contract on Wednesday

Sep 7, 2008
Story Timeline:  126 days

India's state owned Bharat Sanchar Nigam Ltd (BSNL) says that it will launch the tender for its 93 million mobile lines on September 10th. The contract is expected to be worth around US$9 billion, and has been delayed several times already. "We will float a mega tender for 93 mn lines worth $9 bn," BSNL chief managing director Kuldeep Goyal told reporters. Notably, the price seems to have jumped sharply from... [read full story]                    

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