Last week, opposition Congress accused Prime Minister Narendra Modi of promoting firms of 'his crony friends' at the expense of state-owned BSNL and MTNL
BSNL has been ailing because of high revenue-to-wage ratio as a large number of government employees were transferred by the telecom department to the telecom PSU
This comes at a time when talks of lay-offs (to the tune of 35,000 people) are doing the rounds, amid a revival plan for the telco
Both companies have also sought spectrum for 4G services through equity infusion from the government.
With this, MTNL will be able to expand ops across India on the basis of network utilisation, say experts
Lower revenue customers who exited private players have benefited BSNL
BSNL is expected to post a loss of Rs 7,000 crore, including a Rs 4,000-crore operational loss
Earlier, debt-ridden RCom in its plea before the NCLAT said that it wants to voluntarily go back into the insolvency process, as it will help selling its assets in a time-bound manner
He said that revenue receipt of BSNL is usually higher in March and internal accruals have started flowing in
The proposal includes a Rs 6,365 crore voluntary retirement package and 4G spectrum allotment through Rs 6,767 crore equity infusion and monetisation of real estate assets
BSNL employees are on a three-day strike that started on February 18
The set up will take about three months, and the capital expenditure -- to the tune of Rs 900 million that would be required for procuring equipments -- will be supported by the UIDAI
Reliance Jio will steeply raise call and data tariffs once the entire competition is wiped out, says BSNL employees
BSNL has claimed that BBNL has not taken steps to put in place such a mechanism despite the state-owned telecom service provider repeatedly insisting on the same
Section 4 of the Competition Act relates to abuse of dominant market position
Bharat Sanchar Nigam Ltd has launched an alternate digital KYC process for issuing new connections across various circles, a top official has said
MTNL, another state-run telecom firm, reported a loss of Rs 29.71 billion in FY18
The Telecom Commission, which is the highest decision making body of Department of Telecommunications (DoT), has recently removed double taxation for VNOs
It has alleged that officials of BSNL had connived with M/s ZTE Telecom India Pvt Ltd, a Chinese contractor, and forged official records of BSNL
BSNL has decided to take on Reliance Jio, Airtel with 'Data Tsunami' offer. Here's what BSNL customers must know