Fearing opposition by its employee unions, the government is considering listing BSNL on the stock exchange by issuing nomi nal fresh shares and not divesting any equity for the time being.

Fearing opposition by its employee unions, the government is considering listing BSNL on the stock exchange by issuing nominal fresh shares and not divesting any equity for the time being.

Repeated attempts by the government and BSNL’s management, including offers of employee stock options, have failed to bring about a consensus amongst the different employee unions on the divestment of the government’s stake.