GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

BSNL to Invest Rs 4,300 Crore for Network Expansion in 2018-19

The investment of Rs 4,300 crore earmarked for BSNL's own expansion will primarily go into strengthening the mobile network, upgrading broadband infrastructure and strengthening the core network, its Chairman and Managing Director Anupam Shrivastava said.

PTI

Updated:March 25, 2018, 4:18 PM IST
facebookTwittergoogleskypewhatsapp
BSNL to Invest Rs 4,300 Crore for Network Expansion in 2018-19
Picture for representation.
Loading...
New Delhi: State-owned Bharat Sanchar Nigam Ltd (BSNL) will invest about Rs 4,300 crore to expand network in 2018-19, and another Rs 5,000-6,000 crore is likely to be the utilised for government telecom projects, according to a top official.

The investment of Rs 4,300 crore earmarked for BSNL's own expansion will primarily go into strengthening the mobile network, upgrading broadband infrastructure and strengthening the core network, its Chairman and Managing Director Anupam Shrivastava told PTI.

"Rs 5,000 to 6,000 crore will be spent on the government projects like Bharat Net, Network for Spectrum, the Comprehensive Telecom Development Plan for North East, as well as boosting connectivity to Andaman with optical fibre network, and others," he said.

Other government projects that BSNL is executing include providing bandwidth to Lakshadweep Islands, and connecting remote areas of Arunachal Pradesh, he said.

"Government is investing in large connectivity projects, where private players are not going. BSNL is being used as one of the vehicles to execute those projects and we do that work on behalf of government," he said.

Shrivastava said that the telecom corporation will look to install 12,000 mobile towers for 3G services and 10,000 for 4G services. This will have a provision for 100 per cent expansion mapped to BSNL's 4G services roll out and spectrum allocation.

As per the latest report by telecom regulator, BSNL had 9.40 per cent share of mobile services market as on January 31 and had added 3.96 lakh customers during that month.
| Edited by: Bijaya Das
Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Dr Reddys Labs 2,611.70 6.90
Yes Bank 198.15 3.15
Infosys 617.30 -3.76
Reliance 1,110.70 -2.35
TCS 1,808.85 -3.69
Company Price Change %Gain
Infosys 618.40 -3.54
Maruti Suzuki 7,381.10 0.67
TCS 1,809.75 -3.62
Ashok Leyland 110.00 2.52
Yes Bank 198.30 2.99
Top Gainers
Company Price Change %Gain
Dr Reddys Labs 2,612.05 6.91
Yes Bank 198.20 3.18
UPL 780.15 2.76
Axis Bank 626.65 2.29
Grasim 855.95 2.15
Company Price Change %Gain
Yes Bank 198.30 2.99
Axis Bank 626.25 2.19
Adani Ports 360.15 1.69
SBI 286.75 1.31
Sun Pharma 531.80 1.20
Top Losers
Company Price Change %Gain
Infosys 617.40 -3.74
TCS 1,808.85 -3.69
Power Grid Corp 182.50 -3.13
Tech Mahindra 691.30 -2.59
HCL Tech 983.70 -2.50
Company Price Change %Gain
Infosys 618.40 -3.54
TCS 1,809.75 -3.62
Bajaj Auto 2,595.75 -2.57
Power Grid Corp 183.25 -2.53
Reliance 1,110.20 -2.50

Live TV

Loading...
Loading...