Page 8 - Bsnl

TCS-BSNL deal worth $2.9 billion nears closure; GoM nod likely in March

To provide 4G equipment for 100K new towers

Govt to try merging BSNL & MTNL again, appoints Deloitte as advisor: Report

Given the complexity involved in the merger, it will take about two years to complete the whole process

Statsguru: India's telecom industry is lurching towards a duopoly

Vodafone's losses are expected to touch Rs 30,000 crore in the financial year 2022-23

BSNL to use Rs 53,000 cr for 4G, 5G roll out, revamping landlines: Vaishnaw

State-run BSNL will use about Rs 53,000 crore in upgrading its network to 4G and 5G this year as well as revamping landline network across the country, Union Minister for IT and Telecom Ashwini Vaishnaw said on Wednesday. The Government has announced a capital infusion of Rs 52,937 crore in BSNL during the next fiscal year starting April 1, 2023. While speaking on Budget 2023-24, the minister said BSNL's capital infusion is part of the Rs 1.64 lakh crore revival package announced last year and most of the balance sheet items of BSNL have already been addressed. "BSNL has raised new debt using the sovereign guarantees which were announced in the package. Now, the physical installation of new towers, upgradation from 2G, 3G to 4G and 5G and a major revamp in the landline systems of the MTNL and BSNL network will be taken up in this year using the capital allocation of Rs 53,000 crore which has been made for BSNL," Vaishnaw said. The government has allocated Rs 1.23 lakh crore for pos

BSNL to start 5G services in 2024, says telecom minister Ashwini Vaishnaw

BSNL has shortlisted a TCS and C-DOT led consortium for rolling out 4G network, which will be upgraded to 5G in about a year of placing the order under the contract

Top headlines: PM Modi's mother passes away, bank's NPA ratio at 10-yr low

Business Standard brings you the top headlines at this hour

BSNL aims to introduce 4G network in 45,180 villages across India

With its planned 4G services launch, public sector firm targets rural market spanning 7% of all villages

BSNL waiting for NLMC to prepare land asset monetisation strategy

All land properties nominally valued above Rs 100 crore being monetised by NLMC, but it has been slow to formulate a plan; DoT will handle assets of lower value

Mobile user base dips for second straight month, shrinks by 1.82 million

The number of mobile users has fallen twice in the past eight months now, latest fall concentrated in urban India

Certain people used BSNL as 'cash cow' during UPA rule: Ashwini Vaishnaw

The BSNL suffered badly due to certain political parties and it was used as a "cash cow" by some people who are still members of Parliament, Communications Minister Ashwini Vaishnaw said on Wednesday. Prime Minister Narendra Modi has approved a huge project worth Rs 1.64 lakh crore for the revival of BSNL, and this will transform the telecom PSU completely, the minister said in Lok Sabha. "The BSNL went through a very bad phase. Primarily due to certain political parties during UPA time. Lots of funds were diverted away," he said, amid protests by some opposition members. Time has changed, the minister said, and the BSNL will soon launch 4G and 5G networks designed, developed and made in the country as per Modi's 'Make in India' initiative. "Those times have gone when certain (former) ministers, people sitting on the other side of the aisle, used the BSNL as a cash cow," he said, pointing towards the opposition benches. Vaishnaw, however, did not name any person or political party

Capex by CPSEs accelerates to 60% of annual target during Apr-Nov period

CPSEs are likely to achieve their target as they tend to rush up their spending in March quarter

Absence of incentives, poor awareness hobble rural WiFi scheme PM-WANI

Scheme central to government's plans to create up to 10 mn public WiFi hotspots by Dec

BSNL-BBNL merger close to finalisation, Deloitte to submit report on Friday

On July 27, the government approved a DoT proposal for the "Revival of BSNL and merger of BBNL with BSNL"

Top Headlines: Economic survey in Jan, railways' coal projects, and more

CEA V Anantha Nageswaran is looking to put his stamp on his first Economic Survey, and to that end, the 2022-23 Survey, which will be released on January 31

TCS front runner for BSNL 4G network roll out deal, ITI in race too

BSNL will be using a 4G core, developed indigenously for the first time by C-DOT

Mobile user base dips first time in 7 months, shrinks by 3.6 mn in Sept

Rural India saw subscriptions fall by 3.7 million. Urban barely offset that with a rise of 540,000

Top headlines: Draft personal data protection Bill, e-commerce fake reviews

Business Standard brings you the top headlines at this hour

Most of BSNL's 125,000 new 4G towers to come up in rural areas

This is to shake off its image of a lagging government service, multiple officials added

Over 24,600 uncovered villages to get BSNL 4G service by December 2023

Over 24,600 uncovered villages, mostly located in remote and far-flung areas, are expected to be get BSNL 4G services by December 2023, the Department of Telecommunications (DoT) said on Tuesday. Elaborating on work being carried out by the department in tribal areas on the eve of 'Janjatiya Gaurav Divas', DoT said it has several schemes that have been providing telecom infrastructure and connectivity in areas having a sizable tribal population. "Under the saturation scheme for providing 4G mobile services in 24,680 uncovered villages, many of which are in remote, rural and far flung areas, a project is being executed by BSNL and slated to be completed by December, 2023," DoT said in a statement. The department said that 2,343 mobile towers have been installed in such areas in states like Andhra Pradesh, Bihar, Chhattisgarh, Jharkhand, Maharashtra, Madhya Pradesh, Odisha, Telangana Uttar Pradesh and West Bengal under Left Wing Extremism (LWE)-I scheme. "Another 2,542 mobile towers

BSNL lists 13 properties on MSTC website for auction in five states

State-run telecom firm BSNL has partnered with MSTC to auction 13 surplus properties situated at prime locations in five states, the company said on Monday. The company has invited bids by December 5 for sale of 13 properties in Andhra Pradesh, Madhya Pradesh, Gujarat, Telangana and Uttar Pradesh, BSNL said in a statement. "BSNL has entered into an agreement with MSTC for online sale of properties through MSTC portal," the public sector telecom firm said. Loss-making BSNL had identified 14 properties worth Rs 20,160 crore and submitted the list for sale to the Department of Investment and Public Asset Management (DIPAM) as part of the telecom corporation's ambitious asset monetisation plans. In October 2019, the government had approved a Rs 69,000-crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and giving VRS to employees so that the combined entity turns profitable in two years. "BSNL owns various land and building