DoT response to demerger of surplus land still awaited: Tatas

Mar 24 (PTI) New Delhi: Amid a raging controversy over disinvestment of the erstwhile VSNL, Tatas today hit back at the government, saying the company made several attempts since 2005 onward for the demerger of surplus land but the Telecom Ministry’s response is still awaited.

In a letter to Telecom Minister Kapil Sibal, Tata Communications Chairman Subodh Bhargave gave a summary of the sequences of events since 2005, which also have concurrence of two directors nominated by the government.

Tatas’ letter comes in the wake of Sibal raising concerns over the disinvestment of VSNL in 2002, saying, “It has come to my notice that the disinvestment of Videsh Sanchar Nigam Limited (VSNL) in 2002 does not seem to be fair and transparent.”

“Prima facie, the way issue of demerger of 773.

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