Public telecom operator BSNL (Bharat Sanchar Nigam Limited) after bleeding out for many years hopes to become profitable again in the next 4 years.
“BSNL expects to turn profitable in next four years or so, for which BSNL is taking several steps like augmentation of mobile network,” said Telecom Minister, Ravi Shankar Prasad.
The officials at BSNL have been observing the increase in revenue from various services provided by the telecom operator. This is in line with our earlier report that BSNL has witnessed an increase in its revenue by 2.29%.
It is worth noting that while there is an overall increase in revenue generated by BSNL, not telecom circles have registered a growth in revenue. The revenue declined by 4.09% in the East zone. The revenue has also seen a dip in Karnataka and Chennai, but the growth in other areas have more than made up for this loss.
This increase in revenue is contributed to many factors like introduction of new fast broadband plans, introduction of tariff hike in data plans, free roaming facility provided by BSNL to all its mobile subscribers, and free night calling for its fixed landline subscribers.
It was also revealed that BSNL generated a total revenue of Rs. 28,645 crore during the last fiscal, while its net losses stood at Rs. 8,234 crore. BSNL had average monthly gross mobile users in the range of 8 lakhs till June 2015, but this has increased drastically to 15 lakh average users by July 2015.
BSNL also attracted more mobile users in the month of July-September 2015, and January 2016, than it lost due to MNP. That means it gained new mobile users.
“BSNL was MNP positive in the months of July, August, September 2015 and January 2016,“ said the Telecom Minister.
BSNL is also increasing its mobile network capacity under the phase-7 of its expansion plan and while setting up Wi-Fi hotspots on revenue sharing model.
Let’s see what the government has in mind for BSNL in this financial year. We would love to have more and faster broadband plans.