Question: Why Is BSNL Under Loss?

Is BSNL improving?

Improving BSNL “The government has taken and will take in future steps to improve BSNL.

These include capital infusion and equity infusion and you will see its results soon,” the minister said..

What is BSNL future?

The Modi cabinet approved a Rs 69,000 crore revival plan for BSNL and MTNL, which would include restructuring of existing debt by raising bonds with sovereign guarantee, reducing employee costs through a VRS scheme, monetisation of assets, allotment of 4G spectrum, and in-principle approval their merger.

Is BSNL central govt?

Bharat Sanchar Nigam Limited, d/b/a BSNL is an Indian state-owned telecommunications company, headquartered in New Delhi, Delhi, India….Bharat Sanchar Nigam Limited.BSNL Headquarters, New DelhiNumber of employees70,216 appx(2019)ParentDepartment of Telecommunications , Ministry of Communications , Government of India17 more rows

Will BSNL be shut down?

NEW DELHI: The government on Thursday assured Rajya Sabha that public sector telecom companies BSNL and MTNL will not be shut down and efforts are being made to revive them soon.

Why is BSNL in loss?

“Low tariffs due to fierce competition in the mobile segment, high staff cost and absence of 4G services (except in few places) in the data-centric telecom market are the main reasons for losses of BSNL,” Prasad said.

How was BSNL destroyed?

Was congress responsible enough to address the issues of over staffing in BSNL, not been upgraded, filled with trade union worms destroying the performance, before opening the door to private sector like Bharati Airtel, Reliance Jio, Vodafone Idea etc. BSNL and congress government together destroyed the BSNL.

Can BSNL be Privatised?

DISPELLING ALL fears of disinvestments, Union Minister of State for Communications and Information Technology Shakeel Ahmad said that no privatization of the State-owned BSNL and MTNL would be done.

What is the problem with BSNL?

The issue came to light in March, when BSNL defaulted on payments of monthly salaries to around 1.76 lakh employees. So bad is the crunch there have been reported power cuts in many BSNL offices, and around 20% supply of power to its telecom towers is being disrupted.

Does Jio use BSNL towers?

Reliance Jio is the biggest mobile tower client for state-owned firms BSNL and MTNL, Telecom Minister Ravi Shankar Prasad informed Parliament on Wednesday.

Why BSNL did not get 4g license?

Bharat Sanchar Nigam Limited (BSNL) on Wednesday cancelled the tender for the fourth generation (4G) network upgradation and expansion, after the government recently barred state-run telcos from sourcing equipment from Chinese players Huawei and ZTE.

Who is responsible for BSNL loss?

In 2016-17, the loss was Rs 4,793 crore and in 2017-18, BSNL had an annual loss of Rs 7,992 crore. Employees fret that the loss is simply due to the policies of the consecutive central governments (the then United Progressive Alliance and current National Democratic Alliance).

Is BSNL dying?

The organisation, since then, has slipped miserably and the central government seems to be in no mood to revive the company. While various private telecommunication players in India have reached 5G spectrums, BSNL has not been able to reach the 4G spectrum yet. … According to a BSNL source, “At this moment, BSNL has Rs.

Will BSNL survive Quora?

BSNL is likely to survive but not in the current form. … Today with 9.7% of market share BSNL is spent force and market does not take even notice of this company. Due to its land bank companies may have interest in this for buying but not for other purposes.

Why is BSNL so important?

Largest Optical Fibre Network in the country As the only national telecom operator, BSNL is not only strategically important for the country but it also has the largest optical fibre network (OFC) in the country.

Is BSNL in profit or loss?

New Delhi: Public sector carrier Bharat Sanchar Nigam Limited (BSNL) is expected to post losses of over Rs 14,000 crore for the financial year 2018-19, while its revenue is slated to be around Rs 19,308 crore.

Is BSNL 3g fast?

State-run BSNL was the fastest 3G operator with an average download speed of 2.5 Mbps in July. Idea followed BSNL with 2 Mbps average download speed, Vodafone with 1.9 Mbps, while Airtel network recorded 3G download speed of 1.4 Mbps. Vodafone was the fastest 4G upload network with an average speed of 5.8 Mbps in July.

Does BSNL have 4g service?

BSNL subscribers rejoice! The state-run telecom company Bharat Sanchar Nigam Limited has come out with a new set of 4G data plans for its customers. However, BSNL offers 4G network only in some parts of the country. Recently, BSNL launched a prepaid recharge plan which offers 10 GB data per day plan.

Is BSNL employees not getting salary?

Even though the staff strength of BSNL has been reduced by half, the state-run company is not being able to pay timely salaries to employees. For instance, May salary has not been disbursed till now and employees say that it has become a regular feature now.