What is the revenue of BSNL?

189.1 billion INR (US$2.7 billion, 2020)
Bharat Sanchar Nigam Limited/Revenue

Is BSNL running in profit?

Loss-making state-owned telecom firm BSNL expects to turn profitable from the financial year 2023-24 subject to roll-out of plans and strategies envisaged under the revival package, according to a parliamentary panel report. The public sector unit, however, is now operationally profitable, the report said.

What is BSNL net worth?

BSNL’s net worth has come down to Rs 51,686.8 crore during FY2021 from Rs 59,139.82 crore in the previous year. The outstanding debt of the company increased to Rs 27,033.6 crore in FY2020-21 from Rs 21,674.74 crore in FY2019-20.

Why is BSNL collapsing?

The downfall of the operator started in the same period due to intense competition and lack of network capacity. In fact, telecom experts believe that Reliance Jio, Airtel, and Vodafone-Idea and rigid rules are actually affecting the BSNL financial health. In fact, the company is sitting on Rs. 39,089 crore loss.

Will BSNL get 5G?

While India is preparing for the launch of 5G services either later this year or in early 2022, BSNL is yet to roll out 4G. BSNL invited expressions of interest (EoIs) on 1 January for prior registration or proof of concept from Indian telecom equipment manufacturers to participate in its upcoming 4G tender, he added.

Is BSNL Privatised?

BSNL Won’t be Privatised Says Government, to Launch 4G in 2 Years.

Is BSNL failing?

BSNL has incurred a cumulative loss of Rs 17,645 crore between 2015-16 to 2017-18 and its loss in FY 2018-19 is pegged at over Rs 14,000 crore. The total loss of BSNL in the last four years has been pegged at close to Rs 32,000 crore.

Is BSNL a government job?

Bharat Sanchar Nigam Limited d/b/a BSNL is a government owned telecommunications service provider headquartered in New Delhi, India….Bharat Sanchar Nigam Limited.

BSNL Headquarters, New Delhi, India
Type Government of India Enterprise
Industry Telecommunications
Founded September 15, 2000
Headquarters New Delhi , India

Who is the owner of BSNL?

Government of India
Bharat Sanchar Nigam Limited/Parent organizations

Bharat Sanchar Nigam Limited d/b/a BSNL is a government owned telecommunications service provider headquartered in New Delhi, India. It is under the ownership of Department of Telecommunications, Ministry of Communications, Government of India. It was incorporated on 15 September 2000 by the Government of India.

Why 4G is not given to BSNL?

Earlier in June, BSNL’s 4G upgradation tender was cancelled after the country’s telecom licensor, the Department of Telecommunications (DoT), asked the state-run firm to “avoid” using Chinese telecom gear as the Government wanted to promote ‘Make in India’ policy.

Why is BSNL not good?

Why is BSNL in this situation? According to media reports, BSNL has been in trouble since the last 10 years due to poor government policies and delays in bringing new infrastructure. The inferior infrastructure, as well as the company structure, have further resulted in this situation.

What was the loss of BSNL in 2018-19?

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. State-owned distressed telecom firms Mahanagar Telephone Nigam Ltd (MTNL) and BSNL have been incurring losses and have been facing problems in clearing staff salaries in the recent past.

Why is BSNL losing market share to private players?

The State owned Telecom major Bharat Sanchar Nigam Limited (BSNL) has been on the downslide for quite some time now. It is losing both revenue & market share to private players. While reasons are many, its inability to invest in infrastructure & promotion has costed it dearly. It is losing market share every year and accumulating losses.

When to start valuing stocks based on BSNL revenue?

Investors should consider 2020-21 an abnormal year and start valuing stocks based on…

How much money does BSNL need to save?

As per the statement from a BSNL personnel, reducing the age of superannuation may help the firm save approximately Rs. 3000 crore in the bill. BSNL needs to obliterate the ‘incipient sick’ PSU label from it. What do the Pundits Have to Say?

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