Bharat Sanchar Nigam expects over Rs 17,000 crore revenue from services in FY22, a tad lower than the previous fiscal, mainly due to the removal of call connect charges that used to bring in additional inflows, according to its Chairman and Managing Director PK Purwar.
Purwar asserted that the state-owned telecom corporation is confident of retaining its customer base and defending its turf with quality 4G services to be launched in the coming months, even as competition intensifies with private telcos gearing up for 5G services.
The start of 5G offerings by private operators will not place BSNL at an immediate disadvantage, as the device ecosystem for the new-age services is still evolving, he said, adding that preparation for BSNL's 4G services launch is well on track.
Bharat Sanchar Nigam Ltd (BSNL) is targeting a 4G rollout in 2022.
"Despite the challenges, we have been able to maintain stable revenue (from services, excluding other income) in FY22. Against Rs 17,452 crore income from services in FY21, this year we will close at over Rs 17,000 crore of revenue," Purwar told PTI.