BSNL expects Rs 30,000 crore revenue with 3-4% jump for FY16: Report

By May 10th, 2016 AT 7:35 AM

State-run telco BSNL is expecting to cross revenue of Rs 30,000 crore in the year ended on March 31, 2016, up 3-4% higher than last year, according to a report in Economic Times. The revenue includes mobile, landline and enterprise business. The telco’s chairman and managing director Anupam Shrivastava said that BSNL’s debt to equity ratio is 0.13% which is lowest in the industry.

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BSNL has installed 24,000 BTS (base transceiver station) towers in last two years and it is now going to add another 21,000 in the next one year to improve coverage, the report said.

The telco is also preparing to install 40,000 new 4G hotspots, and a tender for the same will soon be floated.

“Now we realised that 4G hotspots give capacity… these hotspots work on free Wi-Fi zones while the cost of spectrum is also rising. We have started with the Varanasi ghat and by 2015 end we have added 2,504 Wi-Fi hotspots on a revenue sharing model,” the CMD was quoted as saying.

The executive said that schemes such as free pan India roaming facility has helped the telco to add 20 lakh customers since December last year.

According to the Trai data for the February month, BSNL was ahead of industry growth on the basis of subscriber addition on month-on-month basis, putting rural and urban consumers together. “BSNL has also become mobile number portability positive for the first time,” the executive told the publication.

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lintoColonel ZaysenAKSTharun Gdeepak das Recent comment authors
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Colonel Zaysen
Colonel Zaysen

All this hype and stories about Digital India, by the PM & BSNL Revival and Good Service is just on Paper or restricted to Press Reports from Delhi Corporate Office . My Acquitance who stays in a Remote village Kaudiyala just 38 kms upwards of Rishikesh on Rishikesh-Badrinath Highway in Uttarakhand UP West for the last 8 years, this is his story. Broad Band from Srinagar SSA collapsed due to Open Fibre Optic Cable Damaged on 08-04-2016, still to be repaired. Same with BSNL Cell Tower. In 24 Hrs BSNL tower signal comes for just 2 hrs. I sent a… Read more »

AKS
AKS

Keep it up BSNL and make rural and urban digital divide ZERO. It will be beneficial to ALL.

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