The Chairman and Managing Director of Bharat Sanchar Nigam Limited (BSNL), Pravin Kumar Purwar, recently announced the company’s goal of reaching 15-20% of market share across India in the next three years.
This is part of BSNL’s larger plan to double its current market share in the coming years. In this article, we take a closer look at BSNL’s ambitious plan and the investments it is making to achieve this target.
No Plans to Enter the Stock Market
Contrary to speculation, BSNL has no plans to enter the stock market any time soon. According to Purwar, the company has sufficient resources available for capital investment. BSNL is planning to invest Rs. 30,000 Crore in network gradation over the next three years, which will help the company achieve its goal of doubling its market share.
Homemade 4G Equipment
Purwar announced that BSNL will soon have homemade 4G equipment, which will strengthen the coverage of its networks across India. In the past, all equipment used to be imported, but the Indian government has taken the decision to develop homemade technology. BSNL will now produce its own equipment, which will allow the company to upgrade to 5G technology in the future.
BSNL will start supplying field equipment after August 2023 and will connect 1,300 sites with 4G. The company will also install 250-300 new sites in urban areas and develop 650 sites for 4G saturation. BSNL plans to launch at 700MHz, which will provide better coverage and capacity.
Focus on Partnership
Purwar emphasized the importance of partnership in the telecom business. He said that BSNL’s success in growing its business by 15 times in the past four years was due to the collective effort of its team. BSNL has organized felicitations for its FTTH partners, Bharat Fibre Championship league winners, and Bharatnet industrialists to acknowledge their contribution.
Government’s Role in BSNL’s Technology Development
Purwar also highlighted BSNL’s role as an instrument of the government for the nation’s interest. He said that BSNL’s work should not be solely commercial, and the company has taken the initiative to develop new technologies in the country. BSNL is working to bring the latest technology to India, and the company’s efforts will contribute to the development of the country’s technology sector.
Conclusion
BSNL’s ambitious plan to double its market share and invest in network gradation is an encouraging sign for the Indian telecom sector. The company’s focus on partnership and the development of homemade technology is commendable.
BSNL’s move towards 4G and 5G technology will provide better coverage and capacity, which will benefit its customers across the country. With BSNL’s investments and efforts toward development, the future of the Indian telecom sector looks bright.
