The All India Bharat Sanchar Nigam Limited Executives Association (AIBSNLEA) has requested the government to ensure financial viability of the state-run operator. Further, the association has asked for an immediate allotment of 4G spectrum.
AIBSNLEA has also requested the centre to refund Rs 580 billion to BSNL, which it had paid to the government for various levies such as licence fee, spectrum charges and others.
According to AIBSNLEA, the financial condition of BSNL has been wrongly projected as the operator’s debt is only around Rs 190 billion, which is fairly low in comparison to that of some private operators. Further, AIBSNLEA claimed that BSNL’s accumulated losses were wrongly reported at about Rs 900 billion while the actual losses stood at only around Rs 320 billion.
In a separate development, BSNL has recently confirmed to have released the salaries of employees for payment for the month of July, 2019. According to BSNL, the payments are being made through internal accruals.
