IndiaCatalog.com
India News
Search Web Directory
News Home
Inside BSNL's plan to reclaim lost market in mobile, landline and broadband
Posted on 24th July 2019
State-run telecom firm BSNL Chairman P.K. Purwar has set sales targets for the company's various business verticals - fixed line, enterprise businesses, Fibre-to-Home and consumer mobility or wireless - to be achieved by the telecom circles in the current fiscal.

The move is aimed at checking the build-up of operational losses that is pushing the public sector undertaking (PSU) into a chronically ailing phase.

Under the new sales plan, each circle has been asked to ensure at least ₹1,000 crore rent income from the unutilised spaces.

BSNL's consumer mobility (CM) vertical has been given a target to achieve two million gross connections every month alongwith a 10 per cent increase in visitor location register (VLR) figures by focusing on sales channels.

VLR is database that contains information of subscribers in a specific location.

Currently going through its worst financial crisis, BSNL is defaulted in paying salaries for the first time in February this year and has been on a continuous decline path despite additions of subscribers.

"The telecom industry is in distress and BSNL is also facing the heat. As a first step towards transformation, I would like to have much more aggressive targets as in the CFA (fixed line) vertical retaining the net landline customer base as on March 31, 2019, and provision to at least double the FTTH (Fibre-to-the-Home) connections as provided in the last year 2018-19. This can only be achieved by sales and marketing", he said in a letter to the Chief General Managers of the circles.

"In the consumer mobility (CM) vertical, we should at least achieve two million gross connections every month with a target of 10 per cent increase in VLR figures by focusing on sales channels, branding at the retailers premises.

"The aim should be to increase 10 per cent at least in the IN or Intelligent Network Revenues in the current fiscal through maintaining up time BTS and increasing market share", the letter, which is almost akin to a sales target, stated.

In the communication, Purwar asked the circles to target 25 per cent increase in revenues from the enterprise business (EB) from existing and new clients as he says this segment has high potential.

To energise the workforce, Purwar has come up with a new slogan --ACTION-- Adopting Changes to Improve Outcomes Now. The earlier slogan was "Service with a Smile".

BSNL is expected to post a loss of ₹14,000 crore in 2018-19 and lower revenue of around ₹19,000 crore as Telecom Minister Ravi Shankar Prasad has informed the Lok Sabha.

The government is deliberating on its survival plans by way of giving 4G spectrum and a one-time voluntary retirement scheme (VRS) package which together could cost around ₹20,000 crore but there has been no green signal from Finance Ministry.

The communication did not either provide numbers regarding the anticipated rise in revenues or subscribers nor the past figures in these two business vertical categories.

As per telecom regulator Trai figures, BSNL has a landline subscriber base of 2 crore and a mobile subscriber base of 10.5 crore.

Industry figures show BSNL has a base of four million FTTH subscribers.

Regarding the finance segment, the Chairman and Managing Director said: "We shall also pay special attention to earn at least ₹1,000 crore in the current fiscal by renting out the vacant/under-utilised built-up spaces", while stressing on collection efficiency and recovering old dues under the company's Aishwarya project.

"I shall be monitoring closely the key parametres to bring perceptible changes in the functioning of your circle with measurable inputs. We have to focus on reduction our operating costs by rationalising power consumption and greater emphasis on utilising existing manpower instead of outsourced activities," Purwar said.

"There is a need to relook at expenditure and look at every possibility to rationalise and optimise existing resources to cut costs and outsourcing."

Related Companies: Bharat Sanchar Nigam Limited (BSNL)   

Other Latest News
Bharti Airtel defers Q2 results till Nov 14 over ambiguity on AGR verdict
Posted on 29th October 2019

Bharti Airtel said on Tuesday it has postponed its second-quarter earnings report to mid-November, as the wireless operator sought clarity on the court ruling asking telecom firms to cough up overdue payments to the government.

Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade.


Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices
Posted on 7th October 2019
The rupee on Monday opened eight paise lower at 70.96 against the US dollar amid drop in crude oil prices and rise in Asian equities. The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

On a weekly basis, the local unit slumped by 32 paise.


LIC pips private insurers in first-year premium growth during April-August
Posted on 13th September 2019
In the first five months of the current financial year, first-year premiums of life insurance companies grew by 39.84% (year-on-year) at Rs 1.05 lakh crore as compared to Rs 75,588.35 crore in April-August of 2018-19.

Life Insurance Corporation of India (LIC) continued to grow at a faster pace compared to private insurance players, shows the data from the Insurance Regulatory and Development Authority of India (Irdai).


Apollo Hospitals rules out further stake sale
Posted on 13th September 2019
Apollo Hospitals Enterprise (AHEL) has ruled out further dilution of promoters’ stake in the company. The company also said its Rs 1,337-crore stake sale of Apollo Munich Health Insurance with mortgage major HDFC will be concluded by October. Following these stake sales, the promoters’ pledged position will come down from a high of 76% to 54% by October and eventually to 20% by November or December, company sources said here.

World trusts India on Kashmir, not us: Pakistan minister Ijaz Ahmed Shah
Posted on 13th September 2019
In a major embarrassment for Pakistan and its Prime Minister Imran Khan, the country's Interior Minister Ijaz Ahmed Shah, a retired brigadier, said the international community didn't believe Pakistan's narrative on Kashmir; instead it is India whose version is trusted.

» Post a FREE Classified Advertisement
Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.
Jobs in India India Real Estate Automobiles Matrimonials Beauty & Fitness

Add a comment for Inside BSNL's plan to reclaim lost market in mobile, landline and broadband
Please only use this form to enter comments on the above company. All comments are reviewed before they are displayed on the web site. Not all comments may be displayed. Check back with us to see if your comments have been displayed.
If you want us to email the comments posted by users, please Subscribe by email
Name*
Comments*
Security Code*
 

Be the first person to write a business review for Inside BSNL's plan to reclaim lost market in mobile, landline and broadband

Most Read News

More India News

Photo Gallery

Tata Motors(12 Images)Tata Motors
Hero Maestro(11 Images)Hero Maestro
Tubelight(10 Images) Tubelight
  India Web Directory
Business Profiles
Yellow Pages
Photo Galleries
Global Web Directory
*** FREE India Classifieds
Order Premium Listings
Submit a Site
Business Reviews
Home
About us
Link to us
Advertise
Contact us
Google Search Keywords: India Catalog, IndiaCatalog, India Web Directory
    © 1999 - 2026 IndiaCatalog.com
    All Rights Reserved
Privacy Statement