BSNL loss widens to Rs 7\,992 cr in 2017-18

BSNL loss widens to Rs 7,992 cr in 2017-18

Press Trust of India  |  New Delhi 

State-run telecom firm BSNL's annual loss widened to Rs 7,992 crore for the fiscal year ended March 2018, Parliament was informed Wednesday.

According to financial data shared by in the Lok Sabha, had posted a loss of Rs 4,793 crore in 2016-17.

The reason for the widening of loss was not given in the reply.

As per another set of data shared by Sinha, the market share of the state-run firm in the segment declined to 10 per cent by the end of the financial year 2018 from 19 per cent in financial year 2009.

The share of the public sector firm has remained stable at 10 per cent since fiscal year 2016.

"...mobile expansion project is under rollout which envisages introducing in This will also increase Radio capacity, mobile coverage and provide faster data connectivity," Sinha said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 12 2018. 19:30 IST