BSNL posts profit, plans big on expansion

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BSNL
BSNL has reported an operating profit of Rs. 672 crore for the financial year 2015 on the back of fall in administrative costs and jump in revenues. It had posted an operating loss of Rs. 691 crore in the previous fiscal.

Bharat Sanchar Nigam Ltd (BSNL) will spend Rs. 7,700 crore as capital expenditure in 2015-16 to finance its Next Generation Network (NGN), mobile phase 7 expansion, wi-fi, among others, according to its CMD Anupam Shrivastava. The capital expenditure last year was Rs. 3,300 crore, he said.

“BSNL is on the path of revival. July onwards, additional customers have doubled. Mobile network portability has become positive in BSNL’s favour which means it has seen a net gain in customers via MNP,” Shrivastava said.

In the last two years, 25,000 additional mobile towers have been set up and now BSNL has over a lakh towers in the country.

“There has been a 42 per cent rise in revenue from tower business in 2014-15. We plan to set up a subsidiary tower company to monetise our tower assets. While we have the Cabinet nod, we are waiting for inter-ministerial committee recommendations for this,” he said.

The company plans to focus on data to drive growth and is enhancing mobile network data capacity to improve coverage and quality of service. “The per day throughput in mobile has crossed 250 terabytes. This used to be 70 terabytes in 2013,” Shrivastava said.

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