Feb 15, 2025 01:30 PM IST
BSNL posted a file ₹262-crore revenue within the October-December 2024 quarter. However what helped the corporate flip a revenue after 17 years?
Bharat Sanchar Nigam Restricted (BSNL), a government-owned telecommunications firm providing low-rate cell community companies, made a revenue for the primary time in 17 years. The federal government introduced on Friday that the corporate recorded a revenue of ₹262 crore within the final quarter of 2024, which is the interval between October and December 2024.
BSNL recorded a revenue after 17 years. A government-owned telecom agency which was as soon as thought-about doomed has been revived with authorities’s assist. Learn on to know the way(HT_PRINT)
Additionally learn: BSNL achieves ₹262 crore revenue in Q3, first revenue since 2007
How did BSNL change into worthwhile?
In keeping with knowledge shared by Reddy, one of many key causes behind BSNL turning a revenue included the event of an indigenous 4G stack to make sure seamless web velocity. The federal government had turned its focus to deploying 4G companies to BSNL prospects as quickly as potential. In 2023, BSNL issued an advance buy order value ₹19,000 crore for the rollout of 1 lakh 4G websites.
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The Centre has to this point infused over ₹3 lakh crore into BSNL and Mahanagar Phone Nigam Restricted (MTNL) as a part of revival packages initiated since 2019, which embrace the 4G rollout. The Union Cupboard had accepted the package deal in July 2022. The authorised capital of BSNL was additionally elevated from ₹40,000 crore to ₹1.5 lakh crore in lieu of AGR dues, provision of capital expenditure and allotment of spectrum, as per the aid plan.
The corporate additionally labored on increasing its 4G community protection by putting in new towers. In keeping with Union Telecom Miniter Jyotiraditya Scindia, BSNL had put in over 62,000 4G towers throughout India as of December 14. He had set an intention of 1 lakh tower installations by June 2025, which has already been achieved.
To make sure extra capital for the corporate, BSNL was additionally merged with Bharat Broadbank Community Restricted (BBNL).
Advisable Subjects Information / Enterprise / BSNL data ₹262 crore revenue: What helped the telecom firm? Centre shares particulars
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