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

AI Launches: Cybersecurity, AI Agents, product specs, business operating system, automobile, consumer & MSME lending, cloud, data streaming

The Tech Panda takes a look at recent launches in the superfast field of Artificial…

12 hours ago

As India’s tech sector on track to surpass $300 billion, CEO of Ness shares insights into AI’s important role 

The tech sector in India has been going from strength to strength in recent years.…

16 hours ago

Unknown & uncontrolled machine identities within organizations leading to emergence of new identity security challenges

Experts are saying that organizations are inadvertently creating a new identity-centric attack surface through growing…

16 hours ago

Outbound & inbound: India attracts businesses from US & Singapore while expanding to UAE, Europe & Philippines

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

2 days ago

The death of paper records: Will AI-driven EHRs eliminate medical errors?

Patient records have long been a collection of handwritten notes, prescription slips, and test results,…

2 weeks ago

The future of contactless hospitality: Balancing convenience with personalization

The fast pace development of the hospitality industry will result in contactless technology adoption, where…

2 weeks ago