Welcome Guest Login | Register | Site Map | | Make TelecomTiger my homepage     
Telecom News
Enterprise |  Policy & Regulation |  Mobiles & Tabs |  Corporate |  VAS |  People Movement  |  Technology  |  LTE
Policy & Regulation
BSNL’s financial resources seen dwindling even as MTNL and C-DOT improve performance
TT Correspondent |  New Delhi |  06 Jul 2009

The presentation of Union Budget 2009-10 by the country’s new Finance minister, Pranab Mukherjee highlight some interesting aspects of the financial state of the state-owned PSUs in the telecom field.

For BSNL which mainly finds itself engulfed in major controversies rather than find mention for new business initiatives, the financial resources appear to be dwindling as per the statistics provided by the Finance Ministry.

While the company had last year financial resources of Rs 17,891 crore, the figure scaled down to Rs 14,015 crore this year. The company’s internal resources amount to Rs 7,106 crore as compared to Rs 8,722 crore last year. Resources from bonds and debentures are now Rs 6,909 crore as compared to Rs 9,169 crore last year.

Comparatively, C-DOT’s resources which come from internal resources stand at Rs 45 core as compared to Rs29.95 crore last year.

MTNL posted handsome increase of Rs 1,725.02 crore from its internal resources as compared to Rs 1,304.28 crore last year.

    
 mail this article    print this article    Show and Post comment
06 Jul 2009(IST)  
Comment
You have rightly quoted >> For BSNL which mainly finds itself engulfed in major controversies rather than find mention for new business initiatives. The whole machinery is involved in protecting corruption. At NAGPUR, there is bribe revenue sharing agreement whinch runs from lineman to CMD thu SDE, DE, AM, GM, PGM and CGM. It is really shameful that BSNL CMD is more interested in protecting vigilance scam and corruption in BSNL Nagpur. May God Help Him.
Posted By :- Avinash Murkute
Whitepaper
Maintain Business Continuity with Cisco ASR 9000 nV Technology
It is a virtual chassis solution where a pair of ASR 9000 routers acts as a single device by maintaining a single contr...read more
Simplify Your Network with Cisco ASR 9000 nV Technology
With the new Cisco Network Virtualization (nV) technology in the Cisco ASR 9000 Series Aggregation Services Routers, se...read more
Cisco Small Cell Solution: Reduce Costs, Improve Coverage
It is designed to address the challenge of mobile service coverage and to expand network capacity...read more