State-owned BSNL expects to be profitable in four years and has started registering rise in income from services, Parliament was informed today.
"BSNL expects to turn profitable in next four years or so, for which BSNL is taking several steps like augmentation of mobile network," telecom minister Ravi Shankar Prasad said in a written reply in the Rajya Sabha.
Revenue of Bharat Sanchar Nigam Limited (BSNL) during the last financial year was Rs 28,645 crore. As per BSNL, the company's net loss stood at Rs 8,234 crore for 2014-15, the minister said.
"Being a commercial organisation, it is the constant endeavour of BSNL to compete in the market, increase its revenue and make profits," Prasad said.
BSNL reported an operating profit of Rs 672 crore for 2014-15, aided by a fall in administrative costs and jump in revenue.
It had posted an operating loss of Rs 691 crore in 2013-14, though in 2012-13 it declared an operating profit of Rs 916 crore.
Prasad said that due to continuous efforts of BSNL, income from services increased by 4.16% in 2014-15 compared to the previous fiscal.
"Till June 2015, the average monthly gross mobile connections used to be in the range of 8 lakhs. From July 2015, this has gone up to an average of 15 lakhs," he said.
The state-run telecom firm also gained customers from mobile number portability (MNP) service.
Dear readers, please share your views and opinions about these new attractive offers by BSNL via comments with us.
"BSNL expects to turn profitable in next four years or so, for which BSNL is taking several steps like augmentation of mobile network," telecom minister Ravi Shankar Prasad said in a written reply in the Rajya Sabha.
Revenue of Bharat Sanchar Nigam Limited (BSNL) during the last financial year was Rs 28,645 crore. As per BSNL, the company's net loss stood at Rs 8,234 crore for 2014-15, the minister said.
"Being a commercial organisation, it is the constant endeavour of BSNL to compete in the market, increase its revenue and make profits," Prasad said.
BSNL reported an operating profit of Rs 672 crore for 2014-15, aided by a fall in administrative costs and jump in revenue.
It had posted an operating loss of Rs 691 crore in 2013-14, though in 2012-13 it declared an operating profit of Rs 916 crore.
Prasad said that due to continuous efforts of BSNL, income from services increased by 4.16% in 2014-15 compared to the previous fiscal.
"Till June 2015, the average monthly gross mobile connections used to be in the range of 8 lakhs. From July 2015, this has gone up to an average of 15 lakhs," he said.
The state-run telecom firm also gained customers from mobile number portability (MNP) service.
Dear readers, please share your views and opinions about these new attractive offers by BSNL via comments with us.
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