Page 3 - Bsnl

EPFO dials BSNL, MTNL to acquire offices, land and buildings for expansion

India's largest retirement fund is ramping up its physical infrastructure to keep pace with its fast-growing membership base

Starlink eyes multiple Indian partners to fast-track local satcom launch

Starlink is in talks with Indian firms like BSNL, Nelco, and Jio to launch satellite internet services in India, aiming for rapid expansion through local partnerships across the country

BSNL not keen on selling tower assets as 4G, 5G rollout looms ahead

The state-owned telco has struggled to meet asset monetisation targets set by DIPAM back in 2022

BSNL's failure to bill Jio for a decade cost govt Rs 1,757 crore: CAG

CAG report reveals BSNL's decade-long lapse in enforcing billing terms with Jio, leading to massive revenue loss and financial discrepancies in infrastructure sharing

Govt to form panel to decide on MTNL, BSNL assets in Mumbai: Scindia

The Minister of Communications attended a meeting organised at the Sahyadri Guest House here on the BSNL's assets in Mumbai and the communication system in Maharashtra

Telecom operator BSNL 5G sites light up in multiple state capitals

State-owned telecom operator targets full-scale 4G launch by June, 5G rollout to follow

Dilip Buildcon's consortium gets work order worth Rs 2,631 cr from BSNL

The Bhopal-based construction firm will take three years for construction, while the tenure of the maintenance contract is 10 years

BSNL revenue impacted by 4G delay, stiff competition: MoS Telecom

The revenue of BSNL is impacted due to delay in rollout of 4G services as well as stiff competition in the mobile segment, the minister said.

Here's why MTNL shares skyrocketed 14% in trade on March 13; details here

The uptick in the MTNL share price came after MTNL, along with BSNL, has generated Rs 12,984.86 crore from the monetisation of land, buildings, towers, and fibre since 2019

BSNL, MTNL raise Rs 12,984 crore from asset monetisation since 2019

State-owned telecom firms BSNL and MTNL have earned a total of Rs 12,984.86 crore from monetisation of land, buildings, tower and fibre since 2019, Parliament was informed on Wednesday. According to data shared by Minister of State for Communications Pemmasani Chandra Sekhar in Lok Sabha, BSNL has earned Rs 2,387.82 crore and MTNL Rs 2,134.61 crore up to January 2025 from monetisation of lands and buildings. "BSNL and MTNL are monetising only those land and building assets which are not required for their own use in the foreseeable future and for which it has the rights to transfer the ownership," Sekhar said in a written reply. BSNL has earned Rs 8,204.18 crore and MTNL Rs 258.25 crore from monetisation of close assets comprising tower and fibre up to January 2025, as per the reply. "Monetisation of assets are being done as per approved policy of the Government and its impact on the PSUs are being monitored closely," Sekhar said.

Government not privatising telecom firms BSNL and MTNL, says minister

In February, the Union Cabinet reportedly approved Rs 6,000 crore (Rs 60 billion) towards 4G network expansion of MTNL and BSNL

BSNL Q3 results: Net profit at Rs 262 cr, first quarterly gain in 17 years

BSNL has posted a net profit of Rs 262 crore for December quarter, marking its return to profitability after almost 17 years, Union Minister Jyotiraditya Scindia said on Friday terming it a "significant turning point" for the state-owned telco that has been focused on expansion of service offerings and subscriber base. BSNL scripted an improvement on several counts, clinching 14-18 per cent growth across mobility, FTTH and leased line service offering, Scindia, Minister for Communications said adding that the subscriber base too has risen to about 9 crore in December, from 8.4 crore in June. "Today is an important day for BSNL, and for the journey of the telecom sector in India...BSNL has, in third quarter of FY2024-25, for the first time in 17 years, posted a profit on a quarterly basis. The last time that BSNL posted a quarterly profit was in the year 2007," he said on BSNL's earnings. The net profit came in at about Rs 262 crore in the third quarter of the financial year. Mobilit

BSNL introduces budget Voice and SMS-only plans; challenges Jio, Vi, Airtel

BSNL's existing voice and SMS-only recharge plan is cheaper than the latest plans rolled out by Jio, Vi, and Airtel. Here's a quick comparison between all

DoT to receive 687 MHz of unused spectrum, says Jyotiraditya Scindia

The telecom sector will now have 1,587 MHz of its 2,000 MHz requirement by 2030

TCS expects margin benefits as BSNL deal tapers, says CFO Samir Seksaria

Tapering off in the BSNL deal expected over the next few quarters will aid TCS to expand profit margin, a senior company official has said. The country's largest software exporter is also looking at creating a capacity of over 25,000 seats in Bengaluru over the long term on a land parcel acquired recently, Chief Financial Officer Samir Seksaria told PTI here. "The same program (BSNL) as it tapers down at a portfolio level, at an overall level, there would be a benefit which would come in (on margins)," Seksaria said replying a specific question on the impact of BSNL deal's tapering down on margins. He, however, declined to share a number on the positive impact on the operating profit front. For the December quarter, it reported operating profit margin at 24.5 per cent for December quarter and made it clear that it aims to expand on it. Seksaria added that there would be a tapering down in the BSNL contract till the September quarter of FY26. It can be noted that the over Rs ...

An opportunity in capex decline: Scrap new schemes, BSNL equity infusion

Not too many tears would be shed for a squeeze on capex if the hit is primarily on infusing equity into a state-owned enterprise and on new schemes that are yet to be announced

BSNL unions oppose second VRS, cite policy flaws, management inefficiency

The criticism follows reports that BSNL's board of directors plans to reduce its workforce by 35 per cent through another round of Voluntary Retirement Scheme

Next step is establishing manufacturing zone for telecom sector: Scindia

Scindia said that the manufacturing zone is the next step following the establishment of the one lakh BSNL towers across the country and the upgrade of 5G technology

Delayed BSNL equity infusion, sluggish state transfers drag capex momentum

Transfers to states from Centre are down 20 per cent compared to last year in the April-October FY25 period

BSNL installs 50,708 4G sites; 41,957 sites on-air: MoS Communications

The supply of equipment for Bharat Sanchar Nigam Ltd (BSNL's) 4G rollout began in September last year, and by October-end this year 50,708 4G sites have been installed while 41,957 sites are on-air, Parliament was informed on Thursday. The equipment is 5G upgradable, Minister of State for Communications Pemmasani Chandra Sekhar said in a written reply to the Rajya Sabha. To a question seeking specific timelines set for BSNL's 4G and 5G rollout across various states and Union Territories, the minister said that in line with the Atmanirbhar Bharat initiative, the state-owned telecom firm has placed a purchase order for indigenously developed 4G sites for pan India deployment. "Supply of 4G equipment has started from September 2023, and as on October 31, 2024, a total of 50,708 4G sites have been installed and 41,957 sites are on air. The equipment is 5G upgradable," he said. To another question on whether BSNL-appointed Boston Consulting Group (BCG) has recommended strategies for the