The base price of Rs 14,000 crore set for auctioning pan-India telecom spectrum would not affect BSNL, a top official of the company said.
‘The highest authority of telecom had announced the price after a lot of deliberations and views by TRAI’, BSNL chairman and managing director R K Upadhyay said. He said pricing would not make significant dent on BSNL.
‘However, it could be disadvantageous while renewal process is undertaken,’ he said. A meeting of the Cabinet, chaired by Prime Minister Manmohan Singh, on Friday agreed to price 5 MHz of airwaves in the 1,800 Mhz band at the lower end of the Rs 14,000 crore to Rs 15,000 crore reserve price band suggested by a ministers' group.
Upadhyay said he is hopeful of releasing BSNL's financial results of 2011-12 by September, adding that auditing process is in progress.
He said the PSU telecom major is likely to at least break-even. He maintained that roughly 52-53 per cent of the total expenditure goes towards wages bill and other establishment charges.
The public sector telecom major is to tap its strong infrastructure to garner additional revenue and profits.
BSNL is appointing a consultant to advise them on monetisation of real estate holdings and other avenues with which additional revenues could be generated utilising in an optimum manner the massive infrastructure accrued in the last decades.
BSNL would also diversify its operations by establishing video conferencing centers and wi-fi spots across the country where the market potential is lucrative.
The company would also utilise the strong training centers established all over the telecom circles to impart training for the youth on skill development and other IT disciplines.
‘The highest authority of telecom had announced the price after a lot of deliberations and views by TRAI’, BSNL chairman and managing director R K Upadhyay said. He said pricing would not make significant dent on BSNL.
‘However, it could be disadvantageous while renewal process is undertaken,’ he said. A meeting of the Cabinet, chaired by Prime Minister Manmohan Singh, on Friday agreed to price 5 MHz of airwaves in the 1,800 Mhz band at the lower end of the Rs 14,000 crore to Rs 15,000 crore reserve price band suggested by a ministers' group.
Upadhyay said he is hopeful of releasing BSNL's financial results of 2011-12 by September, adding that auditing process is in progress.
He said the PSU telecom major is likely to at least break-even. He maintained that roughly 52-53 per cent of the total expenditure goes towards wages bill and other establishment charges.
The public sector telecom major is to tap its strong infrastructure to garner additional revenue and profits.
BSNL is appointing a consultant to advise them on monetisation of real estate holdings and other avenues with which additional revenues could be generated utilising in an optimum manner the massive infrastructure accrued in the last decades.
BSNL would also diversify its operations by establishing video conferencing centers and wi-fi spots across the country where the market potential is lucrative.
The company would also utilise the strong training centers established all over the telecom circles to impart training for the youth on skill development and other IT disciplines.