BSNL Reports ₹262 Crore Profit, Its First in 17 Years
The state-owned telecom company attributes its turnaround to network expansion, cost optimization, and customer-focused innovations.
- BSNL posted a ₹262 crore net profit for the October-December 2024 quarter, marking its first quarterly profit since 2007.
- Key factors contributing to profitability include aggressive 4G network expansion, cost reduction measures, and revenue growth across services like mobility, FTTH, and leased lines.
- The government played a pivotal role in BSNL’s revival, investing over ₹3 lakh crore since 2019 and approving major packages to support network upgrades and operational improvements.
- Innovations such as National WiFi Roaming and free entertainment services for mobile and FTTH customers have enhanced customer satisfaction and boosted subscriber growth to 9 crore.
- BSNL aims to sustain growth by completing its 4G rollout, preparing for 5G services, and targeting over 20% revenue growth by the end of the financial year.