Videsh Sanchar Nigam Ltd may have to take a hit of upto Rs 80 crore (Rs 800 million), with the Tatas-owned company losing a substantial ISD traffic originating from telecom PSU Bharat Sanchar Nigam to Reliance Infocomm.
Company has around 70,000 towers and it will explore various business models that can realise value of its infrastructure
The second central public sector units (PSU) pay revision committee report has suggested a new classification of state-owned companies linking salaries and remuneration to productivity and performance.
The government said on Wednesday that it would consider on commercial ground the request from Ratan Tata to route international long distance traffic of state owned Bharat Sanchar Nigam Ltd through Videsh Sanchar Nigam Ltd.
Bharat Sanchar Nigam Ltd Employees Union on Friday extended support to the proposed indefinite strike of employees of public sector oil companies against privatisation of HPCL and BPCL.
Historically, public sector units were conceived of under the assumption that they will control the 'commanding heights' of the Indian economy, which were necessary for rapid industrial growth but where private investment was unwilling to enter.
Private telecom operators have overtaken their public sector counterparts -- Bharat Sanchar Nigam and Mahanagar Telephone Nigam
Subscriber needs to pay Rs 19 for the service.
Bharat Sanchar Nigam Limited has got two Mhz of additional spectrum from Department of Telecom to support its growing mobile subscriber base in the country.
A Bench headed by Justice Altamas Kabir sought an reply from 11 repondents Telecom Regulatory Authority of India, Association of Unified Telecom Service Providers of India, Reliance Communications, Tata Teleservices, Vodafone Essar Mobile Services, Cellular Operators Association of India, Bharti Airtel, Idea Cellular, BPL Mobile Communications, HFCL Infotel, and Spice Communications -- as to why they should not pay ADC to BSNL.
The association represents over 10,000 graduate engineers and account professionals at BSNL.
Motorola also said it will consider manufacturing in India to comply with the eligibility criteria of deals with state-run carriers.
Repeated attempts by the government and also management of the PSU have failed to bring the different associations to consensus on divesting government stake.
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Oil explorer ONGC again emerged as the highest profit-making PSU of the country during 2012-13 while telecom major BSNL turned out to be the biggest loss-making enterprise, says the Economic Survey.
Bharat Sanchar Nigam Limited has failed to get security clerance from security agencies for its monitoring equipment installed in the International Long Distance Network, a glitch that may further delay the PSU's ILD entry.
State-run Bharat Sanchar Nigam Ltd is planning to set up 1,00,000 information kiosks covering 48 per cent of rural population by 2007 in an effort to provide broadband and connectivity in these areas.
The move to disinvest the public sector Bharat Sanchar Nigam Ltd has united all central trade unions once again and they have called an indefinite agitation from April 19 against the move.
The Delhi high court restrained BSNL on Thursday from awarding contracts for its Rs 20,000 crore (Rs 200 billion) GSM network expansion project till November 30.
Although BSNL's profits would come under severe pressure as subsidy on rural operations has been withdrawn and the levy charged from private players (known as access deficit charge) would also be phased out from next year, yet Goyal was hopeful of meeting the requirement internally.
State-run telecom service provider Bharat Sanchar Nigam Ltd has placed an advance purchase order with Huawei of China on mobile equipment for 20 million GSM lines in the south zone. The PSU is also in advanced negotiations with Ericsson for the north and east zone.
In a bonanza to its landline subscribers in urban areas, Bharat Sanchar Nigam Ltd has reduced the registration charges for new connections in urban areas from Rs 2000 to Rs 500.
Bharat Sanchar Nigam Limited said on Friday it would seek a lower price from vendors Ericsson and Nokia ahead of awarding them an estimated $4.8 billion contract for adding 45 million GSM lines to its network.
Bharat Sanchar Nigam Ltd will reduce ISD (international subscriber dialling) tariffs for Sri Lanka by 40 per cent and to Middle East countries by 20 per cent from October 1.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
As per the latest data released by Telecom Regulatory Authority of India (TRAI), Vodafone Idea -- born last year from the merger of older operators Vodafone India and Idea Cellular -- continues to be the largest operator with 38.75 crore consumers and 33.36 per cent market share in the wireless segment as on May 31, 2019.
This was a rare instance when Gandhi raised an issue during the Zero Hour.
ONGC is the country's most profitable PSU.
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
Three employees of a BSNL franchise were seriously wounded in a militant attack in Kashmir's Sopore town on Monday morning.
BSNL unveiled a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for very high-usage subscribers
Through Wi-Fi, mobile phone users will be able to access Internet.
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