BSNL is a company fully owned by the Government of India. According to the worth of assets, it is at the 10th position out of all the companies, whether private or public. It has got assets worth rs. 89,333.44 crores by a very modest estimate.
Though these are the assets of the BSNL, the government has yet to transfer them technically to the BSNL. This is reported to have not been done. As a result, BSNL assets are being transacted and sold by the government. For example, the BSNL quarters allotted to BSNLEU and NFTE have been sold, the former to the Jharkhand Government. Such selling are going on.
The Forum of BSNL Unions/Associations is demanding that all the assets like land, buildings, infrastructure, training centres etc.-all should be legally transferred to BSNL so that there should not be any legal complications in future.