State-run telecom company BSNL has narrowed its loss to Rs 4,785
crore during 2017-18, even as its income declined to Rs 27,818 crore as
against the previous fiscal, Parliament was informed today.
BSNL
posted a loss of Rs 4,859 crore in 2015-16, Rs 4,786 crore in 2016-17
and Rs 4,785 crore (provisional and unaudited) in 2017-18, Telecom
Minister Manoj Sinha said in a written reply in the Lok Sabha.
The
company's income stood at Rs 32,411 crore (FY16), Rs 31,533 crore
(FY17) and Rs 27,818 crore in FY18 (provisional and unaudited), he
added.
Since BSNL has incurred losses consecutively for the last
three years, it has been declared as 'Incipient Sick' as per the
guidelines of Department of Public Enterprises (DPE), the minister said.
Accordingly, action has been initiated by the Department
of Telecommunications (DoT) for preparation of revival/restructuring
plan of BSNL, he added.
MTNL, another state-run telecom firm,
reported a loss of Rs 2,971 crore in FY18. This was against a similar
amount in FY17 and Rs 2,006 crore in FY16.
The company, which has
operations in Delhi and Mumbai, saw its income declining to Rs 3,116
crore in 2017-18 from Rs 3,552 crore in 2016-17 and Rs 3,513 crore in
2015-16.
Sinha said at present, there is no proposal for merger of BSNL and MTNL.
"For
merger of BSNL and MTNL, there are various challenges/issues related to
their employees, debt, properties, government share holding in MTNL
etc," he added.
Latest Updates of BSNL Plans and Tariffs of 2G/3G Mobile, Internet ,Broadband, WiMAX, Tablet, Landline Services, Prepaid , Postpaid ,Current Offers and Others ....
Breaking News
- How to Activate Bsnl Voice Mail Service (VMS)/ Bsnl Voice Mail Number kerala all over india
- Activate BSNL Missed Call Alert To Get Numbers When Phone is Off
- BSNL - APSRTC Prepaid Mobile CUG Plan with New Tariff from 01.12.2014
- BSNL AP Circle Revised Nestham & Other GSM Mobile Prepaid Plans Tariff
- amended-bharatnet-program-explained-by-the-minister-in-ls
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment