Follow Us 
Published: December 12, 2018 8:13 PM IST 
By 
By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts Cookies Policy.
BSNL loss widens to Rs 7,992 cr in 2017-18
New Delhi, Dec 12 (PTI) State-run telecom firm BSNL's annual loss widened to Rs 7,992 crore for the fiscal year ended March 2018, Parliament was informed Wednesday.According to financial data shared b
New Delhi, Dec 12 (PTI) State-run telecom firm BSNL’s annual loss widened to Rs 7,992 crore for the fiscal year ended March 2018, Parliament was informed Wednesday.
According to financial data shared by Telecom Minister Manoj Sinha in the Lok Sabha, BSNL had posted a loss of Rs 4,793 crore in 2016-17.
The reason for the widening of loss was not given in the reply.
As per another set of data shared by Sinha, the market share of the state-run firm in the broadband segment declined to 10 per cent by the end of the financial year 2018 from 19 per cent in financial year 2009.
Add India.com as a Preferred Source
The broadband share of the public sector firm has remained stable at 10 per cent since fiscal year 2016.
“…mobile expansion project is under rollout which envisages introducing 4G services in BSNL. This will also increase GSM Radio capacity, mobile coverage and provide faster data connectivity,” Sinha said.
This is published unedited from the PTI feed.