DoT worried over BSNL's dwindling revenue

Image
Press Trust Of India New Delhi
Last Updated : Jan 29 2013 | 3:15 AM IST

Expressing concern over declining trend in its quarterly revenue, the government has asked state-run BSNL to take steps to check the fall in revenues.

In a letter to BSNL Chairman Kuldeep Goyal, Telecom Secretary Siddharth Behura said: “The licence fee payments up to second quarter made by BSNL vis-à-vis Budget estimates show a declining trend as compared to the previous year.”

“This is matter of concern. You are requested to look at this and apprise the Telecom Commission on how to check this declining trend,” Behura, who is also the chairman of the commission, said.

The Department of Telecommunications (DoT) is alarmed over the decline in BSNL’s revenues and its payment of quarterly licence fee to the government. The telco’s revenue dipped around 23 per cent during the first quarter of the current fiscal over the immediately preceding quarter.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 16 2008 | 12:00 AM IST

Next Story