26/05/2011

26-05-2011:COMMITTED TO TURNAAROUND BSNL IN NEXT 6 MONTHS...NEWS

MAY 26,2011:  Assuring full support from the government, Telecom Minister Kapil Sibal today said he is committed to turnaround BSNL, which has been running into huge losses for the last two years.

The state-run telecom operator has been facing stiff competition from private operators and has been forced to rethink its strategy.

"BSNL mobile and landline subscriber base is declining, broadband subscribers are also not matching the pace of private players. So it is time BSNL tighten up its shoes and I am committed to turaround the organisation in the next six months," Sibal told reporters here.

BSNL has failed to cash in on its huge land and network assets, which is one of the largest in the country.
..............................A PTI NEWS