BSNL Signals Bad Year, Stagnant Growth Likely

Bharat Sanchar Nigam Ltd (BSNL) has warned that its turnover will be stagnant at Rs 20,000 crore this year as there is no change expected in the revenue. Last fiscal, the company had clocked a turnover of Rs 20,405.83. The drop in revenue is attributed to reduction in tariff by TRAI said Dr DPS Seth, managing director,

BSNL. 

The company has plans to provide around 13,500 limited mobility connections and 40,500 fixed wireless connections in fiscal 2001. While next year's limited mobility target are being fully finalized, the company has raised Rs 400 Cr from the market for its expansion plan for cellular and limited mobility services in the country.

Pravin Prashant