BSNL is Bouncing Back - Report Voice & Data

State run PSU Bharat Sanchar Nigam Ltd (BSNL) finally gets a better news when one of leading Magazine Voice and Data reported at turn-around in company during current Year.

 In coming days BSNL may back in Business after recent Cost cutting measures and ITS absorption issue about to end after more than 12 years in coming days. It was a make-or-break year for BSNL but the company fared very well. On revenue terms, the company has shown a drop in revenue from `29,688 crore in FY11 to `28,447 crore in FY12 but on the PAT (profit after tax) front, the company has improved significantly by netting `8,347 crore vis-a-vis `6,384 crore in FY11. The company has done extremely well on mobile and NLD services. On the mobile front, the company has increased its revenue by 31% to net `6,482 crore. With respect to NLD services, the company has increased its revenue by `698 crore to net `5,646 crore. 

On mobile services, the company is doing extremely well and 3G services are now available in 963 cities and the services is available to all its mobile customers. Presently, non-voice contributes around 13% of the overall mobile revenue and the company plans to increase it by entering into non-exclusive agreements with VAS players.  On the capex front, the company has invested `5,000 crore in FY12 for ongoing GSM, broadband, and fiber-to-the-home projects but this year the company plans to invest `9,086 crore and more focus is on mobile and broadband services. Recently, BSNL has finalized 10.15 mn GSM line order to ZTE worth `3,200 crore for northern and southern zones.