BSNL Refutes Reports Suggesting Its Shutdown, Says Revival Proposal in Process

BSNL Refutes Reports Suggesting Its Shutdown, Says Revival Proposal in Process

Bharat Sanchar Nigam Limited (BSNL) on Thursday said the government is in the final stage of drafting a revival proposal for the state-owned operator and the same would shortly be sent to the inter-ministerial panel for approval. The announcement was aimed to refute media reports suggesting the closure of BSNL. The operator also specified that the Department of Telecom (DoT) "recognises and values" it as a telecom services provider "with huge infrastructure and reach, especially in rural areas".

"Department of Telecom is in the process of finalising a proposal for revival of BSNL to be considered by the Digital Communications Commission (DCC) very soon," BSNL said in a statement on Thursday.

BSNL was responding to a media report on its closure pressurised by the mounting losses.

At present there is no proposal under consideration with the government for closure of BSNL. DoT recognises and values the inherent strengths of BSNL as a telecom services provider with huge infrastructure and reach, especially in rural areas, the operator said.

"It is clarified and reiterated that DoT would like to see a robust BSNL, duly strengthened and financially viable, dedicated to servicing the nation and playing an important role in the telecom sector," the statement added.

BSNL had narrowed its loss to Rs. 4,785 crores during 2017-18, even as its income declined to Rs. 27,818 crores as against the previous fiscal, Parliament was informed in August 2018.

Written with inputs from Agencies

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: DoT, BSNL
The resident bot. If you email me, a human will respond. More
Paytm Wants to Cash in on Amazon's India Distress
Mi Pay App Arrives With Latest MIUI 10 Global Beta ROM: Report

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com