Bharat Sanchar Nigam Limited
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Type | State-owned |
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Industry | Telecommunications |
Founded | 19th century, incorporated 2000 |
Headquarters | New Delhi, India |
Key people | Kuldeep Goyal (Chairman) & (MD) |
Products | Wireless Telephone Internet Television |
Revenue | ▼ US$ 7.03 billion (2009)[1] |
Owner(s) | Government of India |
Employees | 357,000 – March 31, 2009[2] |
Website | Bsnl.co.in |
BSNL is India's oldest and largest Communication Service Provider (CSP).[citation needed] Currently has a customer base of 90 million as of June 2008.[3] It has footprints throughout India except for the metropolitan cities of Mumbai and New Delhi which are managed by MTNL. As on March 31, 2008 BSNL commanded a customer base of 31.55 million Wireline, 4.58 million CDMA-WLL and 54.21 million GSM Mobile subscribers. BSNL's earnings for the Financial Year ending March 31, 2009 stood at INR 397.15b (US$7.03 billion) with net profit of INR 78.06b (US$ 1.90 billion). BSNL has an estimated market value of $ 100 Billion. The company is planning an IPO with in 6 months to offload 10% to public in the Rs 300-400 range valuing the company at over $100 billion.
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