Jyotiraditya Scindia defends BSNL's growth amid Opposition's criticism in Parliament
1 month ago

Jyotiraditya Scindia defends BSNL's growth amid Opposition's criticism in Parliament

India Today  

A heated exchange took place in Parliament on Wednesday between Shiv Sena UBT MP Arvind Sawant and BJP's Minister of Communications, Jyotiraditya Scindia, over the status of BSNL subscribers in India. In the monsoon session of Parliament in July 2024, the communications ministry informed that the rollout of BSNL’s 4G services may take another year. Om Birla, Speaker of the Lok Sabha, intervened, stating, "Don't challenge this, in Parliament offices we use only BSNL and MTNL services." In 2022, the cabinet approved an additional Rs 1.64 lakh crore package to strengthen BSNL’s position in the competitive Indian telecom market.

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History of this topic

India: Telecom debt crosses ₹4 lakh crore in FY24
1 month, 1 week ago

India: Telecom debt crosses ₹4 lakh crore in FY24

Deccan Chronicle  

New Delhi: The government on Wednesday said that the total debt on four major telecom operators in the country, including Reliance Jio, Bharti Airtel and Vodafone Idea stood at over Rs 4 lakh crore in the financial year 2024, with state-owned Bharat Sanchar Nigam Limited recording the lowest debt among competitors at Rs 23,297 crore. According to data shared by …

India's Private Telcos Lose 1 Cr Users, BSNL Gains
1 month, 2 weeks ago

India's Private Telcos Lose 1 Cr Users, BSNL Gains

Deccan Chronicle  

New Delhi: India's three private telecom majors -- Bharti Airtel, Vodafone Idea and Reliance Jio -- have witnessed a staggering loss of over 1 crore customers in the month of September, while public sector telecom firm Bharat Sanchar Nigam Limited gained some customers, adding over 8 lakh new subscribers in the same month. As per the latest report by the …

For bailouts to work, BSNL needs the freedom to perform
1 year, 5 months ago

For bailouts to work, BSNL needs the freedom to perform

Live Mint  

In a virtual town hall on July 28 last year – shortly after the union government announced a ₹1.64 lakh crore revival package for Bharat Sanchar Nigam Limited – its chairman and managing director called on all employees to “perform or perish". Calling for a network uptime of 98-99 % and faults to be cleared “within four hours", he also …

Cabinet approves revival package of Rs 89,047 crore for BSNL
1 year, 7 months ago

Cabinet approves revival package of Rs 89,047 crore for BSNL

Firstpost  

BSNL, struggling with poor infrastructure, has been battered by intense competition from Jio, the wireless arm of Reliance Industries, Bharti Airtel and Vodafone Idea which have rolled out 4G services at low prices on voice calls and data. In a significant move, the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the third revival package for BSNL …

Data | How BSNL bled: The story behind public telecom giant’s fall in 6 charts
2 years, 4 months ago

Data | How BSNL bled: The story behind public telecom giant’s fall in 6 charts

The Hindu  

On July 27, the Union Cabinet approved a ₹1.64 lakh crore package to revive the state-owned telecom firm, Bharat Sanchar Nigam Limited. Not only is the subscriber base falling, but the revenue BSNL makes from each user is also a fraction of what private service providers get. The average revenue earned per user by BSNL is 2.5 times lower than …

Cabinet approves 1.64L-crore plan to revive BSNL
2 years, 5 months ago

Cabinet approves 1.64L-crore plan to revive BSNL

Deccan Chronicle  

New Delhi: The Union Cabinet on Wednesday approved a 1.64 lakh crores revival package for the merger of Bharat Broadband Network Limited into the state-owned telecom operator Bharat Sanchar Nigam Limited. The government is also approving sovereign guarantee bond issuance for the cash-crunched BSNL to repay its bank loans as the state-run telecom service provider is saddled with a hefty …

BSNL gets ₹1.64-lakh-crore lifeline from government
2 years, 5 months ago

BSNL gets ₹1.64-lakh-crore lifeline from government

The Hindu  

In yet another effort to revive the state-owned telecom firm Bharat Sanchar Nigam Limited, the Union Cabinet on July 27 approved a ₹1.64–lakh crore package for its revival. The package, which has a cash component of ₹43,964 crore and a non-cash component of ₹1.2 lakh crore spread over four years, will include administrative allotment of 4G spectrum worth ₹44,993 crore. …

Explained | BSNL and MTNL’s current performance
2 years, 8 months ago

Explained | BSNL and MTNL’s current performance

The Hindu  

The story so far: Telecom Minister Ashwini Vaishnaw, during the recently-concluded Budget session of the Parliament, had said the state-owned telecom operator, BSNL, was now a stable entity and making operating profits. Earlier this month, Minister of State for Communications Devusinh Chauhan had informed the Rajya Sabha that the merger of the state-owned telecom operators had been deferred owing to …

BSNL seeks Rs 40,000 crore support from government
3 years, 3 months ago

BSNL seeks Rs 40,000 crore support from government

India TV News  

State-owned telecom firm BSNL has approached the government for Rs 40,000 crore financial help, half of which it needs in the form of sovereign guarantee to clear short-term debt. We have asked for Rs 20,000 crore sovereign guarantee to pay back our short-term debt and issue long-term bonds. The BSNL CMD confirmed that he has approached the government for support, …

BSNL seeks ₹40,000 crore support from government
3 years, 3 months ago

BSNL seeks ₹40,000 crore support from government

The Hindu  

State-owned telecom firm BSNL has approached the government for ₹40,000 crore financial help, half of which it needs in the form of sovereign guarantee to clear short-term debt. BSNL Chairman and Managing Director P. K. Purwar told PTI that the company does not need any additional debt and its business has become self-sustainable to support the operations. The Appointments Committee …

BSNL may turn profitable from 2023-24, says parliamentary panel in report
3 years, 9 months ago

BSNL may turn profitable from 2023-24, says parliamentary panel in report

Hindustan Times  

Loss-making state-owned telecom firm BSNL expects to turn profitable from the financial year 2023-24 subject to roll-out of plans and strategies envisaged under the revival package, according to a parliamentary panel report. In October 2019, the government had approved the revival package for BSNL and MTNL, which included voluntary retirement scheme, support for 4G spectrum, monetisation of core and non-core …

Centre mandates all ministries, public departments, CPSUs to use BSNL, MTNL services
4 years, 2 months ago

Centre mandates all ministries, public departments, CPSUs to use BSNL, MTNL services

India TV News  

The central government has mandated all ministries, public departments and public sector units to use telecom services of state-run Bharat Sanchar Nigam Limited and Mahanagar Telephone Nigam Limited. The Department of Expenditure's note accompanying the memorandum mentioned that the decision to mandate the use of BSNL and MTNL telecom service was taken by the Cabinet. "All ministries/departments are accordingly requested …

Govt announces $8 billion plan to help BSNL, MTNL catch up with private competitors
5 years, 2 months ago

Govt announces $8 billion plan to help BSNL, MTNL catch up with private competitors

Firstpost  

The two telcos have debts of Rs 400 billion with the government planning to raise Rs 380 billion by selling their assets. India announced an almost $8 billion plan on Wednesday to help loss-making state telecom providers Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd catch up with private competitors, including a merger of the two companies. BSNL and …

Government approves BSNL, MTNL merger; employees given voluntary retirement option
5 years, 2 months ago

Government approves BSNL, MTNL merger; employees given voluntary retirement option

Firstpost  

MTNL, largely present in major Indian cities, will act as a unit of BSNL until the merger is completed. India plans to merge loss-making state telecom providers Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd, giving employees the option to retire voluntarily, the communications minister said on Wednesday. The two carriers have struggled to win customers at a time …

BSNL, MTNL to be merged; govt will put in nearly Rs 69,000 cr for revival of two state-owned telecom firms
5 years, 2 months ago

BSNL, MTNL to be merged; govt will put in nearly Rs 69,000 cr for revival of two state-owned telecom firms

Firstpost  

The government on Wednesday decided to merge loss-making telecom firms MTNL and BSNL as part of a revival package that includes raising sovereign bonds, monetising assets and voluntary retirement scheme for employees New Delhi: The government on Wednesday approved a Rs 68,751-crore revival package for loss-making BSNL and MTNL, including 4G spectrum allocation and voluntary retirement scheme, as well as …

BSNL revival plan coming soon
5 years, 3 months ago

BSNL revival plan coming soon

Live Mint  

The revival plan of BSNL is in the final stage of consideration with the central government and a decision regarding this will be made shortly, company's Chairman and Managing Director PK Purwar on Tuesday said. Speaking to ANI, "BSNL revival plan is in the final stage of consideration with the government. On being asked about non-payment of salaries to BSNL …

BSNL clears employees’ full salary for June
5 years, 6 months ago

BSNL clears employees’ full salary for June

Live Mint  

New Delhi: State-run telecom firm Bharat Sanchar Nigam Ltd on Saturday cleared June salary of all its employees, while it awaits clearance of around ₹14,000 crore in dues from the telecom department. "BSNL has cleared salary payments of all employees for June from internal accruals of about ₹2,000 crore," an official source, who did not wish to be named, told …

BSNL employees feel the heat as policy paralyses hits PSU hard
5 years, 6 months ago

BSNL employees feel the heat as policy paralyses hits PSU hard

India Today  

Starting July 1, employees of the Bharat Sanchar Nigam Limited office in Ghaziabad's Raj Nagar area have decided to sweep their office premises themselves.The cleaning staff in their building has left, as the news of the public service undertaking becoming cash-strapped reached them. BSNL sent an SOS to the government, seeking immediate help as it is finding it "nearly impossible" …

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