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DoT worried over BSNL's dwindling revenue

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Press Trust Of India New Delhi

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.

 

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

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