Can BSNL Survive In Near Future?

Who is the BSNL owner?

Department of TelecommunicationsMinistry of CommunicationsGovernment of IndiaBharat Sanchar Nigam Limited/Parent organizations.

Is BSNL under loss?

New Delhi: Public sector carrier Bharat Sanchar Nigam Limited (BSNL) is expected to post losses of over Rs 14,000 crore for the financial year 2018-19, while its revenue is slated to be around Rs 19,308 crore.

What will be the future of BSNL?

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.

Can BSNL be revived?

New Delhi: Telecom Minister Ravi Shankar Prasad on Wednesday assured the Lok Sabha that state-owned telecom player BSNL is going to be revived soon. While BSNL is reporting losses since 2010, another telecom PSU MTNL has been in the red in nine of the past 10 years.

What went wrong with BSNL?

The distressed telecom, saddled with a massive Rs 13,000 crore debt, has been facing problems in clearing staff salaries. The issue came to light in March, when BSNL defaulted on payments of monthly salaries to around 1.76 lakh employees.

Who is founder of BSNL?

Government of IndiaBharat Sanchar Nigam Limited/Founders

Why is BSNL so important?

Largest Optical Fibre Network in the country As the only national telecom operator, BSNL is not only strategically important for the country but it also has the largest optical fibre network (OFC) in the country.

Does Jio use BSNL towers?

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

Is BSNL improving?

Improving BSNL “The government has taken and will take in future steps to improve BSNL. These include capital infusion and equity infusion and you will see its results soon,” the minister said.

Why is BSNL closing?

BSNL Services Can Be Shut Down Due To Non-Payment Of Rs 1500 Cr Dues To These Private Companies. Another big threat looms over BSNL services, pan-India. Due to the non-payment of dues to the tower companies, entire BSNL services can be shut down in the coming days.

Is BSNL a government job?

Bharat Sanchar Nigam Limited, d/b/a BSNL is an Indian state-owned telecommunications company, headquartered in New Delhi, Delhi, India. It was incorporated by Department of Telecommunications, Ministry of Communications, Government of India on 1 October 2000.