BSNL net loss at Rs 1,822.65 cr in FY10

Increased staff cost and and reduced tariff reasons for loss

PTI | August 20, 2010



The government today said telecom operator BSNL has suffered a net loss of Rs 1,822.65 crore during the financial year 2009-10 on account of reduction in revenue and increased expenditure.

"Reduction in BSNL revenue is mainly because of decline in revenue from wirelines and fall in ARPU (Average Revenue Per User). Revenue (from wireless connections) decreased due to reduced tariff offered in a competitive market," Minister of State for Communications and IT Sachin Pilot said in a written reply to Rajya Sabha.

He added that increased staff cost has added to the losses of the company.

Pilot said apart from various marketing activities and network upgradation, BSNL has also undertaken studies to understand the reasons for mass surrender of connections.

BSNL's gross revenue declined to Rs 33,547 crore for the year ended March 31, 2010 as against Rs 33,983 crore for the previous fiscal, he added.

Replying to another query, Pilot said BSNL's total market share (GSM and WLL) has reduced from 15.64 per cent in March 2008 to 11.44 per cent in June 2010.

Another state-run telco, MTNL, saw its market share declining to 15 per cent in June this year from 19.73 per cent in March 2008 for the Mumbai circle.

For the Delhi operations, MTNL's share decreased from 14.1 per cent in March 2008 to 12.47 per cent in June 2010.

Comments

 

Other News

Cabinet approves museum at North-South Block complex

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday has approved the development of the Yuge Yugeen Bharat Museum (YYBM) at the North and South Block Complex, New Delhi, at an estimated total project cost of ₹3,230 crore, as appraised by the Public Investmen

Cabinet approves extension of Noida metro corridor

The Union Cabinet, chaired by prime minister Narendra Modi, has approved the extension of Aqua Line Metro Rail Corridor from Noida Sector-51 to Greater Noida Sector-04 of Noida Metro Rail Project with corridor for a length of 8.449 km with 5 elevated stations. On operationalization of this corridor, Noid

India reaffirms commitment to climate multilateralism

India has reaffirmed its commitment to climate multilateralism and the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), calling for a fair, equitable and ambitious outcome at the 31st Conference of the Parties (COP31) to the United Nations Framewo

How the mind can help the body heal itself

Why do some people recover from illness against all odds? Can our beliefs, emotions and consciousness influence the body’s ability to heal? Drawing on over three decades of experience in medicine, research and medical innovation, internationally trained ophthalmologist and author Dr Dinesh Verma ex

1,364 anti-cancer formulations to cost less from today

The National Pharmaceutical Pricing Authority (NPPA), under the Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, has capped trade margins on the Maximum Retail Price (MRP) of 137 anti-cancer drugs. This was based on the recommendations of an Expert Committee constitute

Who checks the books?

I read about the news about the Coimbatore library over coffee this morning. On the face of it, the headline was about a political ‘war’ between the DMK and TVK. But what stayed with me was something much more important than the blame game behind what had transpired. A writer walking through

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter