BSNLís landline business posts Rs 14,979-crore loss

Aug 02 2014, 00:38 IST
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SummaryState-run BSNL suffered a loss of R14,979 crore in landline services during 2013-14 whereas net loss for the period stood at R7,085 crore.

State-run BSNL suffered a loss of R14,979 crore in landline services during 2013-14 whereas net loss for the period stood at R7,085 crore.

In a written reply to the Rajya Sabha, minister of communications and IT Ravi Shankar Prasad said loss for the landline business of BSNL for 2013-14 stood at R14,979 crore and net loss at R7085 crore. The figures for the period are provisional and unaudited.

The public sector firm's net loss stood at R7,884 crore in 2012-13 and R8,851 crore for 2011-12. The loss for the landline business was R13,445 crore for 2012-13 and R12,669 crore in 2011-12.

Prasad said BSNL was preparing a plan for financial revival and comprehensive human resource restructuring for the company, the details of which are yet to be finalised.

BSNL has taken various steps to improve its landline business such as redeployment of workforce with more focus on sales, distribution and customer care activities.

"Migration from public switched telephone network to next generation network in the current five year plan to provide enhanced value added services like presonalised ring back tone, broadband VAS, multi media video conferencing and fixed mobile services convergence etc," the minister said.

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