A meeting is held on 17-01-2018 between the CMD BSNL and the Core Committee today. Com.P.Abhimanyu,GS, BSNLEU, Com. K. Sebastin, GS, SNEA, Com. Prahlad Rai, GS, AIBSNLEA and Com.K.S. Kulkarni, AGS, NFTE, attended today’s meeting. In the meeting, the following information is given by the CMD BSNL.
Financial results of BSNL for 2016 – 17.
The CMD BSNL shared some information with regards to BSNL’s financial results for the year 2016 – 17, which are encouraging. Operating profit (EBIDTA) is estimated to be Rs.1,684 crore and the net loss of the Company is estimated at Rs.4,700 crore. The CMD BSNL also informed that according to the new valuation mechanism, the net worth of BSNL is valued at Rs.34,319 crore and that, the net asset worth of the Company is estimated at Rs.91,684 crore.
BSNL to roll-out 4G service on 31.01.2018.
The CMD BSNL informed that BSNL will announce the rolling-out of it’s 4G service on 31st January, 2018. He told that BSNL has demanded from the government, the allocation of 5MHz of 4G spectrum, in the 2100MHz bandwidth. The price of this 4G spectrum comes to Rs.16,000 crore. BSNL has demanded that 50% of this amount should be adjusted through capital infusion by the government, and the remaining 50% would be paid by BSNL in 10 equal instalments, said the CMD. He also told that the DoT is positive to the demand of BSNL, and that a final decision is expected to be taken soon. After allotment of 4G spectrum by the government, BSNL would install 10,000 BTSs for rolling-out 4G service.
Core Committee members raised serious issues with the CMD.
In today’s meeting the members of the Core Committee raised certain serious issues with the CMD BSNL. They told that the issues of non-settlement of 3rd Pay Revision and formation of the Subsidiary Tower Company with an IAS officer as it’s CMD are seriously agitating the minds of the employees. Cancellation of the free calling from landlines on Sundays, as well as change in the timing of the night free calling, acute shortage of equipments for providing FTTH connections, frequent and large scale damaging of BSNL’s cables were taken to the notice of the CMD.