| Bharat Sanchar Nigam Limited (BSNL) Related news |
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BSNL revival: Govt readies Rs 74,000 crore plan for bleeding telco
Posted on 22nd July 2019 |
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The department of telecommunications is pushing for a Rs 74,000-crore revival package for the loss-making BSNL and MTNL on the ground that closing them down would cost higher — around Rs 95,000 crore. The assumption behind the revival package, which involves an attractive VRS package to BSNL’s 1.65 lakh employees, reducing the retirement age from the current 60 years to 58 years, will cut the wage bill of the company which in FY19 was 77% of its revenues. |
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BSNL, MTNL revival: Government faces costly options
Posted on 17th July 2019 |
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A group of ministers led by home minister Amit Shah is understood to have met on Tuesday to explore ways to revive sick telecom PSUs —BSNL and MTNL —; a task which seems herculean with every passing day. Since the days of the government garnering high revenues through spectrum auctions are over, the choices before it are limited and also costly. Hyper competition and spectrum auction design led to generation of surplus for the exchequer in the past but any such chances are not there now. |
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BSNL’s new affordable prepaid plan offers unlimited calls, free SMS for 180 days
Posted on 16th July 2019 |
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BSNL has rolled out a Rs 96 prepaid recharge plan which offers 100 SMS messages per day and unlimited voice calls for 21 days, reported Telecom Talk. Named the Vasantam Gold – PV 96, BSNL prepaid plan under Rs 100 is valid for 180 days, however the benefits last for just 21 days. The new Rs 96 prepaid plan by the Bharat Sanchar Nigam Limited has been made available under a promotional period of 90 days and came into effect on July 5. |
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BSNL, MTNL beat Reliance Jio in January-March revenue growth
Posted on 11th July 2019 |
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Though the telecom sector has not recovered fully yet, positive swings seem to be emerging. The adjusted gross revenue (AGR) of the industry rose marginally to Rs 35,932 crore in the January-March quarter. The number for the same period last year stood at Rs 35,697 crore. On a sequential basis, though, the AGR declined a bit, as in the December quarter, the amount was Rs 36,054 crore. |
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Over 1,000 mobile towers of BSNL not functional over non-payment of energy bills
Posted on 10th July 2019 |
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NEW DELHI: Over 1,000 mobile towers and 500 telephone exchanges of cash-strapped Bharat Sanchar Nigam Ltd (BSNL) are not functional due to non-payment of electricity bills, Parliament was informed on Wednesday. A comprehensive revival plan for two state-owned firms BSNL and Mahanagar Telephone Nigam Ltd (MTNL) is under preparation, Communications Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha. |
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BSNL gets government nod to provide special pre-loaded SIMs for Amarnath pilgrims
Posted on 6th July 2019 |
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State-owned telecom firm BSNL has received approval of the home ministry and the Department of Telecommunications to provide special SIM to Amarnath pilgrims. "Since prepaid connections of other states are not allowed to work in Jammu and Kashmir, special pre-loaded Yatra SIMs are being provided by BSNL with the approval of the Ministry of Home Affairs and the DoT," BSNL said in a statement. |
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DNA Money Exclusive: Govt makes last-ditch effort to save BSNL, MTNL
Posted on 3rd July 2019 |
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Aiming to revive loss-making telecom companies BSNL and MTNL, the telecom ministry has proposed a plan comprising an early retirement of staff, capital infusion and monetisation of assets to keep them afloat in a highly competitive market. An in-principle approval for a potential merger of the two state-run companies is also part of the proposals, according to a senior official from the ministry. |
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BSNL says it will not be closed down
Posted on 2nd July 2019 |
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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. |
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BSNL clears employees' full salary for June
Posted on 1st July 2019 |
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New Delhi: State-run telecom firm Bharat Sanchar Nigam Ltd (BSNL) on Saturday cleared June salary of all its employees, while it awaits clearance of around ₹14,000 crore in dues from the telecom department. "BSNL has cleared salary payments of all employees for June from internal accruals of about ₹2,000 crore," an official source, who did not wish to be named, told PTI. |
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