Shri Kapil Sibal, Minister of Communication and Information Technology in India said the Telecom Commission has proposed to create the National Optical Fiber Network (NOFN) that would which will extend the country's existing fiber optic network.
According to Sibal, the fist part of the project is estimated to cost US$4.5 billion and would be funded by the Universal Service Obligation Fund (USOF). He added that private sector is expected to make similar investment to complement the infrastructure and to provide services to users.
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