Question: Is BSNL In Profit Or Loss?

What is BSNL future?

The Modi cabinet approved a Rs 69,000 crore revival plan for BSNL and MTNL, which would include restructuring of existing debt by raising bonds with sovereign guarantee, reducing employee costs through a VRS scheme, monetisation of assets, allotment of 4G spectrum, and in-principle approval their merger..

Does Jio use BSNL towers?

BSNL has rented out 2,761 towers to Airtel, 892 to Vodafone, 941 to Idea Cellular and 127 to Sify, according to the data. Reliance Jio is the biggest mobile tower client for state-owned firms BSNL and MTNL, Telecom Minister Ravi Shankar Prasad informed Parliament on Wednesday.

Will BSNL survive after VRS?

“We are saving up to 50% or Rs 600 crore monthly on employee cost. … Some 78,569 employees have opted for VRS, and Purwar said the current employee base of 70,000 would be a reasonable number to support the network. BSNL will however continue to meet salary expenses of those retiring till January 31, 2020.

Is BSNL launching 5g?

NEW DELHI: State-controlled Bharat Sanchar Nigam Limited (BSNL) is planning to come up with a novel ‘5G Corridor’ starting from Delhi’s Lutyens’ area as one of the use cases for newer technology which is likely to make inroads by 2020 in India.

Is BSNL JTO a good job?

Working as a JTO officer in BSNL is considered to be highly prestigious in society as it is a central government job that offers great BSNL JTO salary and career opportunities. Candidates who are planning to apply for BSNL JTO must be aware of the BSNL JTO salary, promotion, allowances, and the job profile.

Is BSNL making profit?

In line with the sector, BSNL has also seen a dip in its revenue after the entry of Reliance Jio in the market in 2016. The company’s revenue is pegged at around Rs 19,308 crore for 2018-19, compared with Rs 25,071 crore in 2017-18 and Rs 31,533 crore in 2016-17.

Is BSNL dying?

The organisation, since then, has slipped miserably and the central government seems to be in no mood to revive the company. While various private telecommunication players in India have reached 5G spectrums, BSNL has not been able to reach the 4G spectrum yet. … According to a BSNL source, “At this moment, BSNL has Rs.

Can BSNL survive in near future?

NEW DELHI: Bharat Sanchar Nigam Limited (BSNL) officers’ group has warned that things may go out of hand, and the state-controlled telco would not survive for long unless the Prime Minister Office (PMO) takes a decision on telco’s revival and facilitates a soft loan for capital as well as operational expenses.

Is BSNL JTO a gazetted officer?

BSNL JTO is not a gazetted post now. None of the employees in BSNL is gazetted now because in 2000 the Department of Telecom Services(DTS, which was a unit of central govt) was made a Public Sector undertaking and after that all the employees of DTS had absorbed in BSNL.

Why is BSNL so bad?

According to media reports, BSNL has been in trouble since the last 10 years due to poor government policies and delays in bringing new infrastructure. The inferior infrastructure, as well as the company structure, have further resulted in this situation.

Will BSNL close down?

NEW DELHI: The government on Thursday assured Rajya Sabha that public sector telecom companies BSNL and MTNL will not be shut down and efforts are being made to revive them soon. … The minister said the revival package contains the core of optimal utilisation of the assets of these companies.

Who made BSNL?

Government of IndiaBharat Sanchar Nigam Limited/Founders