The Telecom Regulatory Authority of India on Thursday said it would take a decision next week on cellular operators' complaint against Bharat Sanchar Nigam Ltd's latest international and STD tariffs.
Telecom monolith Bharat Sanchar Nigam Limited is the top profit-making public sector unit, while steel giant Steel Authority of India Limited had the dubious distinction of topping the list of loss making state-owned enterprises.
Bharti on Tuesday slammed Telecom Regulatory Authority of India's move to put levy on national and international roaming calls, which will be paid to state owned Bharat Sanchar Nigam
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State-run telecom public sector undertaking Bharat Sanchar Nigam Ltd on Thursday announced an investment of a whopping Rs 78,000 crore (Rs 780 billion) in next three years to expand its mobile, basic and broadband operations across the country.
The months-long row between Tatas-owned Videsh Sanchar Nigam Ltd and Reliance-controlled FLAG Cables over the bandwidth issue was resolved on Wednesday.
SBI Capital Markets Limited, the merchant banking arm of SBI, is eyeing the twin accounts of HPCL and BPCL for managing the divestment programmes of the 2 oil cos.
BSNL, MTNL also reduce local call rates to Re 1 for a 3-minute call. But this comes with an increase in rental of Rs 49 to Rs 299 per month from the existing Rs 250.
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.
The Indian government does not plan to privatise state-run telecom firms Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd before 2004.
Bharat Sanchar Nigam Ltd on Thursday announced international roaming on its cellphone services and slashed SMS charges for its post-paid cellular subscribers to 40 paise per message from the existing 60 paise.
Long-distance tariffs will crash from Tuesday with TRAI reducing the access deficit charge given to telecom operators Bharat Sanchar Nigam Ltd and Mahanagar Telecom Nigam Ltd by up to 62 per cent.
BSNL also launched a pre-paid card with lifetime validity for Rs 949 which includes preloaded talk time of Rs 99.
Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd have entered into a strategic alliance, under which the two public-sector telecom companies will jointly offer their voice and data services.
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