Telecom Minister Ravi Shankar Prasad has launched a new BSNL Scheme. As per the scheme, BSNL will offer a minimum broadband speed of 2 mega bit per second (Mbps) from October 1 onwards to its customers, at no extra cost. The company currently offers a minimum speed of 512 Kbps and the move is part of its efforts for revival. BSNL has taken this step as it is losing customers in mobile as well as landline to private operators. The company lost about 1.78 crore wireless and over 20 lakh wireline subscribers between March 2014 and March 2015. The losses for the firm stood at Rs 7,600 crore.
- Bharat Sanchar Nigam Limited (abbreviated BSNL) is an Indian state-owned telecommunications company headquartered in New Delhi, India.
- It was incorporated on 15 September 2000 and took over the business of providing of telecom services and network management.
- It is the largest provider of fixed telephony, largest broadband services provider with more than 60% Market share, and fifth largest mobile telephony provider in India.
- It has footprints throughout India except for the metropolitan cities of Mumbai and New Delhi, which are managed by Mahanagar Telephone Nigam (MTNL).
- BSNL is divided into a number of administrative units termed as telecom circles, metro districts, project circles and specialized units.
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BSNL aims to increase its revenues by almost 50 per cent to Rs.42,000 crore in the next four years as part of the Modi-government’s plan to turnaround the loss making firm by 2018-19.
