A meeting convened by PK Mishra, principal secretary to the Prime Minister, on the revival of Bharat Sanchar Nigam (BSNL) on Thursday ended without any conclusion, mainly on the question of whether the revival is possible or not.
It is learnt that the group of secretaries has been asked to study that matter in four-five days.
Distressed employees of cash-strapped Bharat Sanchar Nigam (BSNL) on Monday urged Prime Minister Narendra Modi to revive the company and make it a strong telecom operator. In a letter to Prime Minister Narendra Modi, the staff of the beleaguered company said, “We heard that the finance ministry is proposing the closure of BSNL, instead of its revival.”
Mukesh Ambani’s JioFiber is out now and the ambitious broadband network is likely to sway customers of PSU telecom firms MTNL and BSNL away. “There could be a churn, especially for customers who are paying in the range of Rs 500-600 a month,” Nitin Soni, director at Fitch Ratings, said in an interview to CNBC TV18. While Reliance Jio’s starting plan may not be disruptive, the company is focusing more on average revenue per user and consumer stickiness, he added.
It seems that decks have been cleared for the administrative allotment of 4G spectrum worth `20,000 crore to BSNL/MTNL as solicitor general (SG) Tushar Mehta is understood to have given a go-ahead to a department of telecommunications (DoT) proposal regarding the same.
Sources say the DoT had sought legal opinion from SG after the Telecom Regulatory Authority of India (Trai) refused to offer its views regarding the matter, terming it an administrative issue.
Reliance Jio may have big plans for its fibre-to-the-home (FTTH) services — to be commercially launched on September 5 — but analysts feel the launch of the new service would not be as disruptive for the incumbents as Jio’s mobile services had been when launched three years ago on the same date.
If at all, there’s any major disruption by the launch of Jio’s wireline FTTH services JioFiber, it will be for the state-owned Bharat Sanchar Nigam (BSNL), which is currently the market leader in this segment.
New Delhi: Cash-strapped Bharat Sanchar Nigam Ltd (BSNL) is facing a challenge in crediting staff salaries for this month on August 30, a senior official admitted on Friday.
The official, who did not wish to be named, said that while the telecom company is generating monthly revenue of about Rs 1,400 crore, there are certain liabilities, including interest payments, which have to be taken into account.
The BSNL chief has sought to allay concerns over possibility of large-scale service disruption due to the telecom company's financial difficulties, saying monthly revenue of Rs 1,400-1,500 crore that the telecom corporation continues to generate demonstrates its "inner strength".
Loss-making Bharat Sanchar Nigam Ltd (BSNL), which is looking at a `74,000-crore government bailout, is in fact losing its existing contracts and that too from PSU firms.
The company has lost an annual contract worth around `400 crore for maintaining the fibre laid under the government’s ambitious BharatNet project to provide broadband connectivity to over 2.5 lakh gram panchayats, as its performance was not found to be up to mark.
BSNL prepaid recharge: State-owned telecom major Bharat Sanchar Nigam Limited (BSNL) has tweaked its hugely popular prepaid Abhinandan Plan. BSNL is now offering more data for its customer under this plan.
Launched nearly a month ago, BSNL Abhinandan plan offered 1 GB data and 100 free SMS to the subscribers. As per the latest plan update, customers will now get 1.5 GB data. The updated plan is now available across the BSNL circles.
Loss-making telecom PSUs Bharat Sanchar Nigam Ltd and MTNL have failed to clear salaries of their 1.98 lakh employees for July in time, a union leader said on Thursday.
While BSNL Chairman and Managing Director P.K. Purwar said that employees will get the July salary on August 5, the union leader said that no information has been shared by the management about the disbursal of the salary.
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