Why Is BSNL Making Losses?

Why is BSNL under loss?

“Low tariffs due to fierce competition in the mobile segment, high staff cost and absence of 4G services (except in few places) in the data-centric telecom market are the main reasons for losses of BSNL,” Prasad said..

What went wrong with BSNL?

The distressed telecom, saddled with a massive Rs13,000 crore debt, has been facing problems in clearing staff salaries. The issue came to light in March, when BSNL defaulted on payments of monthly salaries to around 1.76 lakh employees.

Why is BSNL so important?

Largest Optical Fibre Network in the country As the only national telecom operator, BSNL is not only strategically important for the country but it also has the largest optical fibre network (OFC) in the country.

Is BSNL government selling?

Government has no plan to sell or disinvest BSNL and MTNL. The government has approved the revival plan for BSNL and MTNL on 23.10. 2019.”

What happens if BSNL bill not paid?

You should have went to BSNL office and formally applied for a disconnection. They may wait upto 4-5 months. The late fee is added again and again. After 2-3 months, they’ll disconnect the connection.

Is BSNL in profit or loss?

BSNL has incurred a cumulative loss of Rs 17,645 crore between 2015-16 to 2017-18 and its loss in FY 2018-19 is pegged at over Rs 14,000 crore. The total loss of BSNL in the last four years has been pegged at close to Rs 32,000 crore.

Why is BSNL so bad?

According to media reports, BSNL has been in trouble since the last 10 years due to poor government policies and delays in bringing new infrastructure. The inferior infrastructure, as well as the company structure, have further resulted in this situation.

What is BSNL future?

The Modi cabinet approved a Rs 69,000 crore revival plan for BSNL and MTNL, which would include restructuring of existing debt by raising bonds with sovereign guarantee, reducing employee costs through a VRS scheme, monetisation of assets, allotment of 4G spectrum, and in-principle approval their merger.

How was BSNL destroyed?

Was congress responsible enough to address the issues of over staffing in BSNL, not been upgraded, filled with trade union worms destroying the performance, before opening the door to private sector like Bharati Airtel, Reliance Jio, Vodafone Idea etc. BSNL and congress government together destroyed the BSNL.

Why BSNL WIFI is not working?

Step by Step Guide to make BSNL Broadband work: Step 1: Check the lights of your router. See if the data light is blinking. … Step 3: If the Data light is blinking – but you are still not able to connect to the internet, that means some of the network setting has been refreshed and you need to reconfigure the BSNL ONT.

Does BSNL have 4g service?

BSNL subscribers rejoice! The state-run telecom company Bharat Sanchar Nigam Limited has come out with a new set of 4G data plans for its customers. However, BSNL offers 4G network only in some parts of the country. Recently, BSNL launched a prepaid recharge plan which offers 10 GB data per day plan.

Is BSNL employees not getting salary?

The BSNL management employees have not been receiving their salaries on time. The unions and associations have raised this issue multiple times. Even the salary for the month of April 2020, is being disbursed only on May 19. Earlier in 2019, the salaries were pending for more than two months.

Can BSNL survive in near future?

NEW DELHI: Bharat Sanchar Nigam Limited (BSNL) officers’ group has warned that things may go out of hand, and the state-controlled telco would not survive for long unless the Prime Minister Office (PMO) takes a decision on telco’s revival and facilitates a soft loan for capital as well as operational expenses.

Will BSNL close down?

NEW DELHI: The government on Thursday assured Rajya Sabha that public sector telecom companies BSNL and MTNL will not be shut down and efforts are being made to revive them soon. … The minister said the revival package contains the core of optimal utilisation of the assets of these companies.

Is Jio taking over BSNL?

With Jio Taking Over Indian Telecom Sector BSNL Topples.