Categories: Tech & Society

BSNL will be investing 4,000 cr for Network Expansion

State-run telecom operator BSNL is investing Rs 4,000 crore in this fiscal to expand its mobile network, which include installing 8,700 towers. “As part of our phase 7 expansion plans, we are planning to invest Rs 4,000 crore on mobile network. We will be installing 8,700 mobile towers of which 50 per cent are 3G,” BSNL chairman & managing director RK Upadhyay told.

He added the network expansion, which is currently underway, is likely to be completed by March next year. The company has already placed order for procuring equipment for north and south zones and it would place a contract for the east zone soon. The PSU is aiming to strengthen its position in the industry. The firm, which is currently the fifth largest player in terms of mobile phone subscribers is striving to reach the top in coming years.

The company last year started nationwide expansion of its network after a gap of around five years.

BSNL had 14.56 per cent market share with around 9.71 crore mobile subscribers at end of May, as per GSM industry body COAI.
The PSU, which is suffering losses since 2009-10, showed some signs of recovery last fiscal.
BSNL losses, as per unaudited results, stood at Rs 8,198 crore for 2012-13, compared to Rs 8,851 crore posted in 2011-12. The figure does not include around Rs 2,700 crore which the company has to get the government for supporting rural landline operations.

 

Via: TOI

 

Image Credit: Billrdio

 

Team TechPanda

Recent Posts

Why everything is a subscription now & what it means for your wallet

In the last decade, purchasing and accessing products and services have undergone a radical transformation.…

6 hours ago

Mumbai students win big at robotics championship in Chicago, headed to world finals

In an exceptional achievement, Mumbai-based high school robotics team Sigma 9692 has won the prestigious…

8 hours ago

Indian gaming shifts from audience to creator “given India’s mobile-first gaming capabilities”

The Indian gaming industry is sitting on an industry explosion in the near future as…

1 day ago

Transforming modern business operations: How Microsoft 365’s AI Integration is automating HR workflows & enhancing employee experiences

In today's fast-paced business world, when employee fulfillment and efficiency are crucial, technology has become…

1 day ago

Outbound & inbound: India attracts businesses from UK, China & US while expanding to Middle East

The Tech Panda takes a look at how India has been attracting foreign businesses from…

2 days ago

UPI value & volume surpass records in March

India’s digital payments ecosystem achieved a record high in March, with UPI transactions reaching INR24.77…

2 days ago