BSNL, MTNL turn EBITDA positive in first half of FY21, marks improvement
NEW DELHI: State-owned telecom companies BSNL and MTNL turned EBITDA positive in the first half of financial year 2020-21, demonstrating a marked improvement in performance within a year of approval of their revival plan, the Communications Ministry said on Monday. While EBITDA of Bharat Sanchar Nigam Ltd (BSNL) rose to Rs 602 crore during the […]
BSNL sources 53% of mobile network equipment from Chinese firms- ZTE, Huawei
NEW DELHI: More than 44 per cent mobile network equipment of state-run BSNL is sourced from Chinese firm ZTE and 9 per cent from Huawei, Parliament was informed on Thursday. While replying to a question on the market share of Chinese companies ZTE and Huawei in India, Minister of State for Communications Sanjay Dhotre said […]
DoT set to ask BSNL not to use Chinese telecom equipment in 4G upgradation
NEW DELHI: The Department of Telecom (DoT) is set to ask state-owned Bharat Sanchar Nigam Ltd (BSNL) not to use Chinese telecom gear in its 4G upgradation, which is being supported as part of the company revival package, according to sources. The development comes at a time when Indian and Chinese armies are engaged in […]
Government working out package for BSNL, MTNL: Ravi Shankar Prasad in Parliament
NEW DELHI: The government of India is committed to making the services of state-owned telecom companies BSNL and MTNL professional and it is working on evolving a package in this regard, IT Minister Ravi Shankar Prasad told the Rajya Sabha Thursday. Replying to supplementaries during the Question Hour, the minister said the BSNL has 50 […]
BSNL loss pegged at Rs 14,202 crore in FY19; fall in revenue at Rs 19,308 crore
NEW DELHI: State-owned telecom firm BSNL’s loss is estimated to be around Rs 14,000 crore with a decline in revenue to Rs 19,308 crore during 2018-19, Parliament was informed on Wednesday. The public sector firm’s provisional loss was Rs 4,859 crore in 2015-16, Rs 4,793 crore in 2016-17, Rs 7,993 crore in 2017-18 and is […]
BSNL says it will not be closed down
CHENNAI: Dismissing media reports as rumours, telecom major Bharat Sanchar Nigam Limited (BSNL) Tamil Nadu Circle on Tuesday said there is no proposal to close down the company. In a statement issued here, the company said: “There is no proposal to close down BSNL as wrongly reported in a section of the press. Due to […]
Congress slams Narendra Modi government over BSNL, MTNL losses
NEW DELHI: The Congress on Monday hit out at the Centre (Narendra Modi government) over state-owned telecom firms MTNL and BSNL reeling under losses, alleging that the Modi dispensation was helping private telecom companies at the cost of public sector undertakings. Both state-run telecom firms BSNL and MTNL have been reporting losses since the time […]
Hughes bags Rs 40 crore project from BSNL
NEW DELHI: Hughes Communications India said that it has bagged satellite bandwidth connectivity project worth Rs 40 crore from State-run BSNL to upgrade connectivity in Andaman and Nicobar Islands and Lakshadweep. The project addresses growing bandwidth demand in these island regions located beyond the reach of terrestrial technology. Installing fiber or cable is challenging in […]
BSNL to clear February salary of employees by Friday
Public sector telecom firm BSNL will clear salaries of all employees for February month by Friday, its Chairman and Managing Director Anupam Shrivastava said Thursday. “BSNL will pay salary of all employees by tomorrow. We are thankful to telecom minister Manoj Sinha for his timely intervention to ensure that salaries of employees are paid at […]