What is the profit of BSNL?

BSNL is gearing up to launch its 4G service in India . It could announce the 4G services around Independence day 2022. BSNL will deploy 1 lakh telecom towers across India.

“The government has no plan to close down BSNL and MTNL ,” Dhotre said in a written reply. The government had announced a revival package of around Rs 69,000 crore in October 2019.

The revenue from operations of the company declined by 1.6 per cent to Rs 18,595.12 crore in 2020-21 compared to Rs 18,906.56 crore it reported in 2019-20, the official said. BSNL’s net worth has come down to Rs 51,686.8 crore during FY2021 from Rs 59,139.82 crore in the previous year.

BSNL might launch 4G and 5G on August 15, 2022 . This would just be the start. With BSNL launching homegrown 4G, a sort of market expertise and a scope for innovation would arrive for the Indian Telecom gear manufacturers.