The company's new chairman and managing director Kuldeep Goyal also said BSNL generated a revenue of around Rs 39,715 crore (Rs 397.15 billion) and net profit of about Rs 7,806 crore (Rs 78.06 billion) in 2006-07.
An internal committee of Department of Telecom had alleged that Bharti Airtel had continued to route national and international calls as local calls under a scheme till 2005 despite being told to stop it in 2003.
Bharat Sanchar Nigam Limited will introduce SIM-based prepaid CDMA WLL service from August 1 that will further bring down the local call rate to 75 paise a minute.
In a bid to enable subscribers to choose their own long distance operator, Trai now plans to start work on carrier access code.
Bharat Sanchar Nigam Limited Mobile Network in Karnataka, under the 'Student Power Scheme,' has come out with a special offer to cater to the needs of student community.
BSNL is to invest around Rs 932 crore for infrastructure development in Maharashtra circle, even as the telecom services provider is expecting a 17.4% increase in revenue to post Rs 3,075 crore by March 2004 from the circle.
In an attempt to woo the low income group, Bharat Sanchar Nigam Ltd on Tuesday announced a new scheme `Sulabh' for basic phone subscribers with the facility of only incoming calls at rentals ranging between Rs 99 to Rs 160 a month.
Braving scorching heat and long queues, people made a beeline to the Bharat Sanchar Nigam Limited office in Srinagar as they tried to lay their hands on an application form to get a mobile telephone connection.
The government is considering a financial package of Rs 18,515 crore (Rs 185.15 billion) for the state owned Bharat Sanchar Nigam Ltd for providing services in the rural areas.
Bharat Sanchar Nigam Ltd on Thursday announced an up to 66 per cent reduction in its cellular tariff and also introduced a new package Plan 525, where cellular to cellular calls are as low as 40 paise.
Bharat Sanchar Nigam Ltd said on Tuesday that its customers would continue to avail of the 47 per cent domestic long distance rate cut on fixed-to-fixed line call beyond 500 km, for another month, till May.
The government has raised over Rs 11,356 crore (Rs 113.56 billion) from divestment of public enterprises during the past three years.
Bharat Sanchar Nigam Ltd is expecting a 20-25 per cent surge in its domestic long distance traffic volume following a 47 per cent cut in STD rates earlier this week.
In a big bonanza to telecom customers, state-owned Bharat Sanchar Nigam Ltd on Monday announced a massive up to 47 per cent cut in domestic long distance rates on fixed line phones beyond 500 km.
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.
Videsh Sanchar Nigam Ltd has recorded 3.29 per cent growth in net profit at Rs 91 crore (Rs 910 million) for the second quarter ended September 30, 2005.
Videsh Sanchar Nigam has posted a 385 per cent increase in net profit at Rs 399.2 crore (Rs 3.99 billion) for the quarter ended March 31, 2005 as compared to Rs 82.2 crore (Rs 822 million) for the quarter ended March 31, 2004.
Market concentration in the country's telecom sector continues to scale new heights despite government bailouts of public-sector Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL), and private-sector Vodafone Idea. The combined revenue (or net sales) share of the country's top two telecom operators - Bharti Airtel and Reliance Jio - in the sector's total reached an all-time high of nearly 72 per cent in FY23 from 70.4 per cent in FY22 and around 60 per cent in FY20. The net sales of Reliance Jio and Bharti Airtel India were Rs 1.67 trillion in FY23, up 18.6 per cent from the Rs 1.4 trillion a year earlier.
The call charges for distance beyond 100 km will be Rs 1.80 per minute in place of Rs 2.40 per minute earlier, the company's Chairman Prithipal Singh said in New Delhi.
The Bharat Sanchar Nigam Ltd on Monday slashed international long distance tariffs by up to 70 per cent on account of the festive season, beginning October 21 mid-night to November 21.
Bharat Sanchar Nigam Ltd has unveiled a new plan, 'Plan 140', for its mobile post-paid customers, even as the service provider has extended its special scheme for CellOne connections up to October 31, 2003.
Customers making frequent long distance calls can now avail the benefits of 47 per cent drop in STD rates, as Bharat Sanchar Nigam's reduced tariff of Rs 4.80 per minute for long distance calls beyond 500 kilometres has been effected from Friday.
VSNL was taken over by a bout of volatility in early trades on Monday, losing 4.35% to Rs 80.15, but then picking up to make good much of the loss.
Telecom service providers (TSPs) have begun to monitor and prevent spam calls since May 1, with the help of an artificial intelligence and machine language-based system acting on the Telecom Regulatory Authority of India's (Trai) latest directive on the matter, its officials told Business Standard. Touted as the first big technological measure against the growing menace of unsolicited commercial communications, all TSPs have confirmed to Trai that they have rolled out the AI/ML tool. The filter system works on the distributed ledger technology (DLT) platform used by TSPs, and is set to go for incremental updates, rules for which will soon be released, they added.
State-owned Bharat Sanchar Nigam Ltd (BSNL) said on Tuesday that as many as 78,569 employees have opted for VRS, and added that it expects to save Rs 1,300 crore in wage bills this fiscal after the scheme becomes effective in January.
Bharat Sanchar Nigam Limited has sent a letter to the Pilibhit District Election Officer seeking necessary action against Bharatiya Janata Party MP.
Tata Consultancy Services (TCS) is set to secure a $2 billion deal from Bharat Sanchar Nigam (BSNL) to roll out its 4G and 5G services across the country. However, the final approvals from the publicly-owned telco may take a couple of months, sources in the know said. As part of the deal, TCS will develop 4G core and Radio Access Network (RAN) technology for BSNL's telecom services.
The Centre is considering relaxing some norms that led to the failure in attracting bids for assets of Bharat Sanchar Nigam (BSNL) and Mahanagar Telephone Nigam (MTNL) as they look to restart the auction for their non-core assets. The Department of Investment and Public Asset Management (DIPAM) had listed six properties of BSNL and MTNL for sale through its new e-bidding portal, developed by state-run MSTC, but the auction failed to garner an adequate interest. DIPAM had asked government-appointed property consultants to identify issues in the bidding criteria for resolution.
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.
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