BSNL Revenue To Cross Rs 30,000 Crore In The FY 2015-16, Which Is 3-4% Higher Than Last Year: CMD Anupam Shrivastava

State run telecom major Bharat Sanchar Nigam Limited (BSNL) is expecting to cross revenue of Rs 30,000 crore in the FY 2015-16, which is 3-4% higher than last year – says BSNL Chairman and Managing Director Anupam Shrivastava.

BSNL’s total revenue from services was Rs 27,242 crores in FY 2014-15 with a growth rate of 4.16 percent vis-a-vis FY 2013-14. BSNL was managed to report an operating profit of Rs 672 crores in FY 2014-15 from an operating loss of Rs 691 crore in FY 2013-14.

BSNL CMD said – “As per unaudited figures, we are hoping to cross revenue of Rs 30,000 crore in the year ended on March 31, 2016 that includes mobile, landline and enterprise business. This is going to be 3-4% higher than last year. We have also been able to bridge the Rs 150 crore gap on account of free roaming services. Debt to equity ratio is 0.13% which is lowest in the industry.”

BSNL has installed 24,000 Mobile Towers in last two years and it is now going to add another 21,000 in the next one year to improve coverage and quality of service. BSNL was able to achieve an outstanding mobile data growth of 92 percent in the previous financial year (FY 2014-15) registering a revenue of Rs 1,380 crore from Mobile Data Services.

To increase its data carrying capability, BSNL has focused on Wi-Fi Hotspots (4G Hotspots) in a big way. The PSU had installed 2504 WiFi Hotspots till date which includes major tourist locations across the country.

“We realised that BSNL does not have 4G spectrum and at the same time we don’t want to miss the data bus. We decided to exploit potential and Wi-Fi has become an obvious choice to join the mobile network. Other than broadband, it will also work as 4G hotspots. These hotspots work on free Wi-Fi zones while the cost of spectrum is also rising,” – BSNL CMD added.

BSNL holds 20 MHz BWA (broadband wireless access) spectrum in the 2.5 GHz band in 14 LSAs (licensed service areas). Out of which BSNL plans to spare 10 MHz spectrum for LTE-based 4G services. Free All India roaming facility has helped the PSU to add 20 lakh customers since December 2015.

Read More: TRAI Report Card February 2016: BSNL’s wireless subscriber addition and monthly growth rate reached its peak

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