The Delhi High Court on Tuesday stayed the state-owned telecom major Bharat Sanchar Nigam Ltd's move to levy Rs 95 lakh as interconnectivity charges on the 'Walky' service provided by private player Tata Indicom.
Videsh Sanchar Nigam Ltd has inked a pact with ICICI Bank Ltd, whereby the private sector bank will distribute the former's Tata Indicom dial-up Internet services through its ATMs in the country.
Terming its proposed move to reduce pulse rate for basic to mobile calls as "non-discriminatory", Bharat Sanchar Nigam Ltd on Tuesday expressed hope that revenue impact on account of new customer-friendly packages.
With barely 20 days to go for the scheduled commercial launch of its services, Reliance has managed to connect with only about 51 out of over 600 points in Bharat Sanchar Nigam's network.
The bottomline of Videsh Sanchar Nigam Ltd, a Tata group company, is under pressure due to a fall in long distance rates, according to VSNL managing director S K Gupta.\n\n\n\n
In view of the delay in implementation of new tariff order, Bharat Sanchar Nigam Ltd on Monday said its post-paid and pre-paid customers will continue to avail free incoming calls till the revised tariff comes into effect.
Bharat Sanchar Nigam Ltd lost Rs 9,000 crore (Rs 90 billion) for providing telephones in villages and remote areas, between its corporatisation in October, 2000 and December 31, 2002, the government informed the Lok Sabha on Wednesday.
Bharat Sanchar Nigam Ltd is likely to file three to four alternate tariff packages for basic telephony services with Telecom Regulatory Authority of India.
In a move that may bring some relief to basic subscribers, Bharat Sanchar Nigam Ltd is working out alternate tariff packages with 'flexibility and value additions,' and expects to file the new tariffs with the telecom regulator this month.
Feeling the heat turned on by private sector players who have slashed rates, Videsh Sanchar Nigam Ltd said on Monday that it will review National Long Distance plans despite having commenced services in around 10 stations.\n\n\n\n
Close on the heels of mobile operators slashing their STD rates, State- owned Bharat Sanchar Nigam is giving final touches to its mobile and fixed phone STD rates that is expected to match private cellular companies.
The government on Wednesday cleared financial support worth Rs 2,700 crore (Rs 27 billion) for Bharat Sanchar Nigam Ltd to be paid in the current and next financial year.
Telecom tariffs are likely to fall as the Telecom Regulatory Authority of India substantially lowered access deficit charge, a levy paid by private operators to BSNL for rural operations.
The cellular phone industry will be able to lower the tariffs if the access deficit charge is brought down, according to Sunil Mittal, the CMD of telecom major Bharti.
Telecom Regulatory Authority of India said on Thursday that the current access deficit charge of 11 per cent must be brought down to lower the tariffs and enable the sector achieve higher mobile growth like China.
Bharat Sanchar Nigam Ltd lost 32.6 lakh subscribers in 2003-04 compared to 17.9 lakh in the previous year even as 17.5 lakh people were waiting to get new connections from the state-owned telecom company as on March 31, 2004.
The Tatas-owned Videsh Sanchar Nigam Ltd, the Internet gateway and service provider, is likely to receive around Rs 786 crore ($169 million) from the sale of its 5.42 per cent stake in US satellite company, Intelsat Ltd.
Bharat Sanchar Nigam Ltd is all set to emerge as a major service tax payer to the central government with the amount expected to touch Rs 1,800 crore (Rs 18 crore) during 2003-04.
Bharat Sanchar Nigam Ltd, the public-sector telecom company, on Thursday said it was confident of expanding its mobile subscriber base to 25 million from five million in a year's time.
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