RESEARCH AND PUBLICATION, IIPM KNOWLEDGE CENTRE
The largest telecom service provider in the country, Bharat Sanchar Nigam Limited (BSNL), has posted a record profit of Rs.101.83 billion in the half year ending September 30, 2005, a rise of 70% over the previous year. In terms of profit, it is second only to oil behemoth Oil and Natural Gas Commission (ONGC), which earned for itself Rs.143.39 billion. This rise in profitability is largely due to the contribution it gets from Universal Service Obligation Fund (USOF) and the access deficit charge (ADC). The telecom major recorded Rs.360 billion in revenues for the year 2004-05
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Source: IIPM Editorial-2006
The largest telecom service provider in the country, Bharat Sanchar Nigam Limited (BSNL), has posted a record profit of Rs.101.83 billion in the half year ending September 30, 2005, a rise of 70% over the previous year. In terms of profit, it is second only to oil behemoth Oil and Natural Gas Commission (ONGC), which earned for itself Rs.143.39 billion. This rise in profitability is largely due to the contribution it gets from Universal Service Obligation Fund (USOF) and the access deficit charge (ADC). The telecom major recorded Rs.360 billion in revenues for the year 2004-05
Click IIPM-Article For Complete IIPM Article
Source: IIPM Editorial-2006
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