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BSNL gives approval to lay off more than 50,000 employees, reduces retirement age to 58 years: Report
Posted on 3rd April 2019
The BSNL board has given its approval to lay off 54,000 employees. Besides, in a further move to save costs, the state owned firm has also reduced the retirement age of its employees to 58 years.

According to a report published in the Deccan Herald, the BSNL board approved three out of 10 suggestions by the board set up by the government.


BSNL to hive off Rs 15,000 crore fibre assets into separate unit
Posted on 27th March 2019
Cash-strapped telecom player BSNL, which faced issues with salary payments last month, plans to hive off its fibre assets into a separate company, which is expected to have a valuation of Rs 10,000-15,000 crore.

BSNL has about eight lakh route km of fibre infrastructure across India compared with Reliance Jio with 4.78 lakh route km (including 178,000 route km that it acquired from Reliance Communications) and Airtel’s 2.46 lakh route km and Vodafone Idea’s 1.56 lakh km, according to estimates.


BSNL to take Rs 5,000 cr soft loan to stay afloat
Posted on 15th March 2019
State-owned telecom firm BSNL plans to raise Rs 5,000 crore through soft loans immediately in order to meet its operational expenses.

Department of Telecommunications (DoT) has given a letter of comfort to the cash-starved BSNL for raising loans, which is a guarantee from the government.


Govt releases Rs 171 crore pending dues to MTNL to pay salaries
Posted on 14th March 2019
New Delhi: The government has released pending dues of Rs 171 crore to cash-strapped MTNL for paying February salaries to employees, a senior official said.

On the other hand, BSNL will clear salary dues of around Rs 850 crore by March 20 from its internal accruals. Both companies have failed to pay salaries of their employees for last month, according to employees' representatives.


BSNL fails to pay February salary to 1.76 lakh employees
Posted on 12th March 2019
State-owned telecom firm BSNL, which has been in the red for the past more than five years, failed to pay February salaries to its around 1.76 lakh employees due to financial constraints.

This is the first instance of the company defaulting on salary payments underlining the tough times for it ahead.


BSNL, MTNL revival: Govt to discuss plan today
Posted on 21st February 2019
The Department of Telecommunications (DoT) will deliberate on revival of state-run BSNL and MTNL on Thursday as the financial condition of both the firms have deteriorated over the last couple of years due to increased competition.

According to sources, the Digital Communications Commission (DCC), the highest decision-making body of the DoT, will discuss various options to revive the sick telecom firms.


Govt tells BSNL to look at options, including closure
Posted on 13th February 2019
NEW DELHI: The government has asked struggling state-owned telco BSNL to look at all options, from a revival plan to disinvestment and even closure, as it looks to tackle the bleeding at India's largest loss-making PSU.

The direction to the company - which had accumulated losses of Rs 31,287 crore at the end of 2017-18 - was given following a meeting of top BSNL officials with telecom secretary Aruna Sundararajan, sources told TOI.


BSNL solidifies worker benefits, plans VRS package
Posted on 11th February 2019
State-run telecom player BSNL has solidified its representative benefits and is undertaking other measures to cut down its use radically, pointing to support itself within the current advertise situation, its chairman and overseeing executive Anupam Shrivastava told DNA Cash.

With all the taken a toll cutting exercices put together, the company has been able to spare Rs 2,500 crore final year and a comparative sum is anticipated to be spared within the continuous fiscal.


Jio GigaFiber effect: BSNL now offers 35GB data per day to Bharat Fiber FTTH subscribers
Posted on 21st January 2019
BSNL recently announced Bharat Fiber, which is a fibre-to-the-home (FTTH) internet service for its broadband customers. Taking on rivals like Jio GigaFiber and Airtel V-Fiber, the service is said to offer 35GB data per day at as low as Rs 1.1 per GB. To make sure that users can express their interest in the new service, BSNL has commenced bookings for Bharat Fiber via its online portal.

BSNL plans voice telephony over WiFi services with ‘Carpet’ network
Posted on 5th January 2019
NEW DELHI: State-owned Bharat Sanchar Nigam Ltd (BSNL) plans to roll out out voice telephony over WiFi (VoWiFi) service through ambitious ‘carpet WiFi’ networks that ensures seamless coverage.

“We are going to ask companies to deploy networks with advanced equipment so as to take care of WiFi calls wherein BSNL can provide bandwidth on a revenuesharing model,” BSNL chairman Anupam Shrivastava told ET.


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