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BSNL Reports Rs 19,305 Cr Revenue For Mar-Dec 2012; Rs 6,536 Cr Loss

State owned telecom operator BSNL has reported total revenue of Rs 19,305 crore for the nine month period ending December 31, 2012. This announcement was made by Kapil Sibal, the Minister of Communications and Information Technology, in response to a question in the Lok Sabha. Sibal also mentioned that the telco has reported a total loss of Rs 6,536 crore for the same nine-month period. While BSNL hadn't disclosed its revenues for the corresponding nine month period last year, Milind Deora, the Minister of State for Communications and Information Technology, had informed Rajya Sabha in September 2012, that BSNL had registered total revenue of Rs 27,933.50 crore for the financial year 2011-2012 (FY-12), registering a 3.3% decline from Rs 28,876 crore revenue for the financial year 2010-2011 (FY-11). He had also mentioned that the telco had reported a total loss of Rs 8,851 crore for FY-12, a significant 38.64% increase from Rs 6,384 crore loss in FY-11. Market Share The minister said that BSNL currently has 13.51% market share in the country for the nine month period ending December 31, 2012, up from 12.7% market share as of March 31, 2012, but down from 13.83% market share as of March 31, 2011 and 15.66% market share as of March 31, 2010. The other state run telecom service provider Mahanagar Telephone Nigam Limited (MTNL) has 11.3% market share in the country, for the nine month period ending December 31, 2012, up from 11% market share as of March 31, 2012 and 11.29% market share as of March 31, 2011, but down from 14.21% market share as of March 31, 2010.…

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