Bharat Sanchar Nigam Limited

Bharat Sanchar Nigam Limited

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BSNL
Type State-owned
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
Bharat Sanchar Nigam Limited (Hindi: भारत संचार निगम लिमिटेड) (known as BSNL, India Communications Corporation Limited) is a state-owned telecommunication enterprise in India. BSNL is the fourth largest cellular service provider, with over 63.45 million customers as of March 2010 and the largest land line telephone provider in India. Its headquarters are at Bharat Sanchar Bhawan, Harish Chandra Mathur Lane, Janpath, New Delhi. It has the status of Mini Ratna, a status assigned to reputed public sector companies in India.
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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