• Deccan Chronicle
  • Andhra Bhoomi
  • Asian Age
  • ePaper
  •  Auto Refresh
Home

ePaper
Last Updated:11:59 AM IST | Saturday, Jan 28, 2023
  • Home
  • Politics, Plan And Policy
  • Markets
  • Companies
  • Economy
  • In Other News
  • Autos
  • Just In
Menu
  • Home
  • Politics, Plan And Policy
  • Markets
  • Companies
  • Economy
  • In Other News
  • Autos
  • Just In
Home > Companies > BSNL expects to garner more marketshare after Jio move
Companies
BSNL expects to garner more marketshare after Jio move
By  
PTI   , Published : Oct 12, 2019, 11:53 am IST | Updated : Oct 12, 2019, 11:53 am IST

The state-run telecom operator is also expecting to get 4G spectrum soon, company officials said.

At present, BSNL has a marketshare of about 6 per cent in the Bengal circle, which he expects to increase to 10 per cent.
At present, BSNL has a marketshare of about 6 per cent in the Bengal circle, which he expects to increase to 10 per cent.

Kolkata: Crisis-ridden Bharat Sanchar Nigam Ltd (BSNL) is hoping to boost marketshare, following Reliance Jio's decision to charge 6 paise per minute for voice calls made to mobile phone networks of rival operators.

The state-run telecom operator is also expecting to get 4G spectrum soon, company officials said.

"We see a silver lining. We expect 3-4 per cent gain in marketshare from our current levels due to Jio's announcement," BSNL Bengal Circle CGM Ramakant Sharma told reporters here.

At present, BSNL has a marketshare of about 6 per cent in the Bengal circle, which he expects to increase to 10 per cent. It enjoys a marketshare of 12 per cent nationally.

"It could gather growth momentum for us in adding higher number of subscribers," Calutta Telephones CGM Biswajit Paul said.

Sharma said on an average, a subscriber calls 60 minutes a day, and if the entire duration is on off-network (off-net), it will translate into an additional cost of Rs 3.6 per day or Rs 101 for 28 days, for a Jio user.

On Wednesday, billionaire Mukesh Ambani's Reliance Jio flagged the regulatory uncertainty over review of sunset clause for call termination charges, and announced it will charge customers 6 paise per minute for voice calls made to rival phone networks, but will compensate users by giving free data of equal value.

Jio had said the 6-paise charge will remain in place till the time telecom operators are required to pay rivals for mobile phone calls made by their users to other operators' network.

BSNL had on Thursday asserted that a plan for revival of the state-owned company is under active consideration of the government.

The plan entails giving suitable package comprising components like voluntary retirement scheme (VRS) and 4G spectrum, and allowing monetisation of assets.

end-of
Tags: 
bsnl, shares, jio, telecom operator
Location: 
India, West Bengal, Calcutta [Kolkata]
Latest From Companies
HUL CMD Sanjiv Mehta said the results show that the long-term structural opportunity of FMCG in India remains intact.

HUL Q1 net profit rises 5.7 pc to Rs 1,897 crore

The management of Radar has built and exited 3 different businesses themselves which helps the sensitise first time and even veteran entrepreneurs.

Radar India advisors scales a new high

The top seven cities of Delhi, Mumbai, Kolkata, Chennai, Hyderabad, Pune and Bengaluru accounted for 4.45 billion km.

Delhi sees more night trips than Bengaluru, Mumbai, says Ola

Most Popular

Mukesh Ambani 9th richest on Forbes' real-time billionaires list
Top credit card myths harmful for your financial well-being
Microsoft CEO Satya Nadella tops Fortune's Businessperson of the Year 2019
Employment growth slowed down in last two years: report
GST structure: key challenges and its solutions

Editor's Picks

Income tax e-filers drop by over 6.6 lakh in FY19: Official data
Swiping on your smartphone reveals a lot about you to your social media company
  • Read Financial Chronicle as it appears in print.
  • Subscribe, and get it delivered in the inbox everyday.
  • Politics, Plan And Policy
  • Markets
  • Companies
  • Economy
  • In Other News
  • Autos
  • Just In
  • Home
  • About Us
  • Contact Us
  • Terms of Service
  • Privacy Guidelines
  • Copyright © 2019 Financial Chronicle, All rights reserved
Developed & Maintained By Daksham