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MTNL has reported losses in nine of the past 10 years and BSNL too has been ringing in loss since 2010.

MTNL shares surge 5 pc; hit upper circuit on revival plan announcement

MTNL's scrip jumped 4.92 per cent to Rs 6.19 -- its upper circuit limit on the BSE.

24 Oct 2019 11:20 AM

The merger would include the allotment of 4G services at 2016 prices to the two companies with the costs borne entirely by the Central government.

Ailing BSNL, MTNL to merge

The Modi administration’s aim is to leverage the spectrum allotment to make BSNL and MTNL compete more effectively in the domestic telecom market.

24 Oct 2019 2:51 AM

BSNL on Monday announced a partnership with Yupp TV.

BSNL CMD expects revival plan to be in public domain within a month

BSNL Chairman and Managing Director P K Purwar also said that the salary of all employees will be paid before Diwali.

21 Oct 2019 1:48 PM

At present, BSNL has a marketshare of about 6 per cent in the Bengal circle, which he expects to increase to 10 per cent.

BSNL expects to garner more marketshare after Jio move

The state-run telecom operator is also expecting to get 4G spectrum soon, company officials said.

12 Oct 2019 11:49 AM

In terms of assets and liabilities, too, BSNL is well-placed. Of `6,10,000 crores that telecom companies owe to financial institutions, BSNL's debt is merely Rs 13,500 crores.

BSNL, MTNL days numbered?

A voluntary retirement scheme should be offered.

11 Oct 2019 12:07 AM

The public sector firm's provisional loss was Rs 4,859 crore in 2015-16, Rs 4,793 crore in 2016-17, Rs 7,993 crore in 2017-18 and is estimated to swell to Rs 14,202 crore in 2018-19.

BSNL facing challenge in crediting month's salary on Aug 30: source

BSNL's loss is estimated to be around Rs 14,000 crore with a decline in revenue to Rs 19,308 crore during 2018-19.

31 Aug 2019 10:35 AM

There are outstandings from our enterprise customers, which is more than Rs 3,000 crore. We are following up with them aggressively and on a day-to-day basis ... there is success coming to us, said BSNL Chairman and Managing Director P K Purwar.

Cash-strapped BSNL chasing dues of Rs 3,000 cr from biz clients

The move comes at a time when Bharat Sanchar Nigam Ltd (BSNL) is facing mounting pressure on its financials.

11 Aug 2019 7:38 PM

The number of employees of BSNL stands at 1,65,179 and total employees' cost is a staggering 75 pc of it's total income.

BSNL reviews outsourced functions to save cost; faces Rs 800 cr revenue-expense gap

BSNL as well as MTNL had delayed payment of salaries for February until mid-March due to a financial crisis.

06 Aug 2019 6:38 PM

Merger is one of the many components of the overall revival plan because clearly MTNL cannot stand by itself.

DoT working on proposal for MTNL, BSNL merger; final call by Cabinet: Source

The net worth of BSNL stood at Rs 34,276 crore, while MTNL had a negative networth of Rs 9,735 crore as on April 1, 2019.

30 Jul 2019 4:11 PM

BSNL and MTNL have also approached the government for granting voluntary retirement scheme package to their employees.

Group of Ministers discusses revival of BSNL, MTNL

This is the second time a GoM has been constituted for revival of the two ailing public sector firms.

17 Jul 2019 9:16 AM

The minister refuted charges of Trinamool Congress's Kalyan Banerjee that government's 'Digital India' claims derailed due to lack of proper internet connectivity in all places. (Photo: ANI)

Government planning to connect BSNL, MTNL with 4G: RS Prasad

Public sector bodies need to be supplemented with 4G and the government will explore all the options to make them viable and competitive.

26 Jun 2019 5:07 PM

BSNL has sought government approval to monetise its real estate.

DoT asks BSNL to put all capex on hold, stop tenders

BSNL posted operating profit of Rs 672 crore in 2014-15, Rs 3,885 crore in 2015-16 and Rs 1,684 crore in 2016-17.

25 Jun 2019 8:05 PM

'Problem is malice of BJP Govt to help pvt telcos at the cost of PSUs,' Congress spokesperson Randeep Surjewala tweeted in a reply to Congress leader Milind Deora's tweet. (Photo: File)

BJP govt helped private telecom firms at cost of PSUs: Congress

'All private telecom companies are pumping in finance, but BSNL is barred from taking loans', Surjewala said.

24 Jun 2019 7:49 PM

Text in Hindi language on signages at the BSNL office and the Post Office outside Trichy Airport was painted black on Saturday by unidentified people. (Photo: ANI)

Amid controversy over NEP, text in Hindi on signages painted black in TN

The incident comes after controversy erupted over three-language formula proposed in the draft of Centre's new National Educational Policy.

09 Jun 2019 11:36 AM

Other issues that will be prioritised by Ravi Shankar Prasad include 5G trials in 100 days, fast tracking of five lakh wifi hotspots, and promoting telecom manufacturing. (Photo: File | ANI)

Telecom spectrum auction to be held this year: Ravi Shankar Prasad

Taking charge of Telecom ministry, Prasad said that amongst his priorities will be revival of state-owned MTNL and BSNL.

03 Jun 2019 2:36 PM

"We are comfortable...We will be able to pay salaries on time this month," said BSNL Chairman and Managing Director Anupam Shrivastava.

Confident of timely payment of salary for May: BSNL chief

The company has tied up with SBI recently for a Rs 1,500 crore loan to meet its working capital requirements.

27 May 2019 4:17 PM

Rhe wireless broadband subscriber base maintained strong momentum, demonstrating a growth of two per cent during the month of February. (Representational Image)

Wireless broadband subscriber base touches 532 mn in Feb: ICRA

The wireless subscribers increased to 1,183.7 million in Feb 2019, adding 1.7 million subscribers over the previous month.

24 Apr 2019 7:08 PM

The total spectrum will cost the firm Rs 14,000 crore.

DoT floats draft proposal on 4G spectrum to BSNL, MTNL

Both the companies have also sought spectrum for 4G services through equity infusion from the government.

23 Apr 2019 9:24 AM

Reliance Jio alone added 77.93 lakh customers, taking its total subscriber base to 29.7 crore at the end of February. (Photo: AFP)

Jio, BSNL drive telecom subscriber growth to 120.5 cr in Feb

Reliance Jio and BSNL added 86.39 lakh mobile subscribers but other telecom operators jointly lost 69.93 lakh customers.

18 Apr 2019 6:59 PM

BSNL improved performance in download speed and the latency required for better mobile broadband experience.

Non-availability of 4G spectrum keeps BSNL behind its competitors: Report

The study found Bharti Airtel to be the fastest mobile network with an average download speed of 8.7 megabit per second.

18 Apr 2019 8:56 AM

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Shobhaa De