BSNL sets sights on INR300bn revenues

State-backed telco Bharat Sanchar Nigam Ltd (BSNL) is aiming to book total revenues of INR300 billion (USD5.735 billion) for the year ending 31 March 2013. Business Today reports that the telco recorded revenues of INR279.34 billion in 2011-2012 and INR296.88 billion a year earlier. The company has seen a steady fall in sales, dropping from INR401.77 billion in the twelve months to end-March 2006, though chairman and managing director Rakesh Kumar Upadhyay was optimistic about the target adding: ‘Apart from pure telecom services, we are working out additional scheme[s] which should act as additional sources of revenue for BSNL.’ BSNL has also selected Alcatel Lucent and ZTE to carry out work to expand coverage and increase the capacity of the operator’s GSM network by 14.37 million, Upadhyay said.