| Bharat Sanchar Nigam Limited (BSNL) Related news |
BSNL net loss widens to Rs 8,234 crore in FY15 due to asset depreciation
Posted on 18th November 2015 |
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In a sign of turnaround, state-run telecom operator BSNL on Tuesday reported net loss stood at Rs 8,234 crore for the fiscal, the same for which was Rs 7,020 crore in last year and the widening is on account of asset depreciation calculated as per the Companies Act, 2013. The company's an operating profit of Rs 672 crore for the financial year 2015, aided by fall in administrative costs and jump in revenues. |
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BSNL in spectrum talks with telcos
Posted on 16th November 2015 |
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Bharat Sanchar Nigam Limited (BSNL) is keen to cash in on spectrum sharing and trading. The state-run telecom firm is also in talks with private telcos for intra-circle roaming (ICR) agreements to share its passive infrastructure. BSNL expects to earn Rs 300-400 crore a year through ICR arrangements starting the next financial year. Along with spectrum sharing, revenue expectations will go much higher, its chairman and managing director Anupam Shrivastava told Business Standard. |
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DoT plans new holding company for BSNL, MTNL
Posted on 6th November 2015 |
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The department of telecommunications (DoT) is actively considering setting up a holding company, with state-run telecom companies Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) as its subsidiaries. The move is expected to revive the ailing public sector undertaking companies, by synergising their operations. This is one option recommended by IIM-Bangalore in a report on measures for reviving the firms, according to a senior official from the department. |
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Digital India: Facebook, BSNL come together to set up 100 WiFi hotspots in rural India
Posted on 31st October 2015 |
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NEW DELHI: US social networking major Facebook has partnered state-owned Bharat Sanchar Nigam Ltd. (BSNL) to create 100 WiFi hotspots in rural India to drive digital penetration in the country. Facebook is investing Rs 5 crore per annum for buying bandwidth from BSNL in this joint initiative that also includes IT infrastructure services providers such as Quad Zen and Trimax for equipment and fibre deployment, BSNL chairman and managing director Anupam Shrivastava told ET. |
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RCom in talks with BSNL, Vodafone, Idea for 2G intra-circle roaming
Posted on 23rd October 2015 |
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Telecom operator Reliance Communications is planning to roll out a third generation (3G) intra-circle roaming (ICR)-like agreement to continue 2G service in Bihar, West Bengal and Assam after its right to use 2G spectrum expires in December. "RCom already has existing and valid ICR agreements with other telecom operators, predominantly Tata Teleservices and Aircel, to offer 2G global system for mobile (GSM) services to its customers in these three circles," a source privy to the development said. |
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BSNL eyes Rs.42,000 crore revenue by 2018-19 for turnaround
Posted on 8th September 2015 |
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State-run telecom operator BSNL aims to increase its revenues by almost 50 per cent to Rs.42,000 crore in the next four years as part of the Modi-government’s plan to turnaround the loss making firm by 2018-19. The company’s revenues stood at Rs.28,000 crore during the last financial year (2014-15). |
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BSNL upgrades minimum speed to 2 mbps for broadband users
Posted on 7th September 2015 |
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Over one crore broadband users of BSNL will be able to surf internet at a minimum speed of 2 mega bit per second as against existing speed of 512 kilo bit per second at the same cost. Communications Minister Ravi Shankar Prasad launched the services in Gurgaon today. BSNL chairman Anupam Srivastava said, "we have increased the internet speed four times. We have ensured 2 mbps is available at the last mile, which is the customer premises." |
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Cabinet takes call to revive BSNL, MTNL
Posted on 6th August 2015 |
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In an effort to revive the loss-making telecom PSUs BSNL and MTNL, the Union Cabinet on Wednesday approved certain financial incentives for them, reports fe Bureau in New Delhi. Accordingly, it gave its nod to BSNL to hive off its towers into a separate company, which would help it monetise it. In addition, both PSUs will get refunds for surrendering part of their CDMA spectrum that was put up for auction this year in March. The compensation works out to R169.16 crore for BSNL and R458.04 crore for MTNL. While the compensation for. |
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Cell firms seek equal status in BSNL pacts
Posted on 4th August 2015 |
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New Delhi, Aug. 3: GSM players have demanded that they may be given the right to enter into arrangements with state-run BSNL on spectrum sharing and roaming. A letter by the GSM lobby group, Cellular Operators Association of India (COAI), to telecom minister Ravi Shankar Prasad has stated that all "operators should be given equal opportunity to participate and enter into such arrangements with BSNL". |
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BSNL to invest Rs.6,000 crore for 40,000 Wi-Fi hotspots: Chairman
Posted on 30th July 2015 |
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State-run telecom service provider Bharat Sanchar Nigam Ltd (BSNL) will invest Rs.6,000 crore over the next three years to set up some 40,000 Wi-Fi hotspots across the country, its chairman-cum-managing director Anupam Shrivastava has said. "We are now thinking of rolling out wi-fi hotspot through capital expenditure model also. We are in the process of having our tender ready. We will be floating our tender and put our own equipment. We will be doing everything," Shrivastava told IANS in an interview. |
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