BSNL Posts 19% Revenue Growth, Reaches Rs 25,000 Crore in Two Years: Communications Ministry

BSNL Sees 19% Revenue Growth in Two Years

State-owned telecom firm BSNL has achieved a significant revenue growth of 19% over the past two years, reaching Rs 25,000 crore, according to an official statement released on Monday. The improvement in infrastructure is cited as the primary reason behind this growth.

The statement highlights the transformation of BSNL, which has led to an improvement in its financial performance. The financial turnaround is evident in the company's revenue, which has grown from Rs 21,000 crore to Rs 25,000 crore, a healthy 20-25% increase in two years. Additionally, the company's EBITDA has jumped dramatically from Rs 50 crore to nearly Rs 7,000 crore, reflecting improved operational efficiency and a clear path to profitability.

BSNL's financial performance for the past two fiscal years is as follows:

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A systematic review of BSNL's performance led to a detailed analysis of issues plaguing the state-owned firm. The Minister of State for Communications, Chandra Sekhar Pemmasani, and Communications Minister Jyotiraditya Scindia set targets for improvement, including increasing tower uptime to 95% in states like Andhra Pradesh. This was achieved by replacing 50,000 batteries across 50,000 towers, upgrading power plants, and replacing ageing cables.

BSNL's tariffs are also significantly cheaper than those of private players. The company is offering one rupee SIM cards through India Post offices, allowing people to try their service. Additionally, BSNL is working with India Post to ensure doorstep awareness in rural areas, where postal workers actively explain BSNL's improved services.

A proud milestone for BSNL has been the rapid rollout of indigenous 4G technology. The company launched indigenous 4G on 1,00,000 towers within a single year and has now perfected it to near-global standards. India is now only the fifth country in the world to develop such deep indigenous 4G technology.

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