BSNL to opt for franchise route for WiMAX
BSNL (Bharat Sanchar Nigam Limited), a telecommunication company has recently short listed four companies for its WiMAX franchise. The companies short listed by the Government are Teracom Ltd, Take Solutions Ltd, Adishwar India Ltd, and Ampoules & Auto Private Ltd.
The bidding norms laid by BSNL require that these companies be registered in India for more then a period of two years. The companies should have a minimum turnover of Rs 100 crore each in the last two years. In case the bidder is a foreign operator, then he is required to submit an undertaking regarding the registration of the company in India. This should be done before signing the agreement with BSNL and within 30 days of signing the letter of intent with BSNL. Conformity with FDI and other applicable rules are also required to be submitted by such companies.