BSNL May BID for Zamtel

BSNL is likely to submit financial bid for a majority stake in Zambia’s leading telecom company, Zambia Telecommunications Ltd (Zamtel). According to company’s spokeperson the company is doing due diligence at the moment after qualifying in the first round.
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According to Kuldeep Goyal CMD BSNL there is great possibility that they will put up the financial bid for Zamtel based on their estimation emerging out of the current situation.

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