BSNL in an estimate said that it needs to invest around Rs 40,000 crore in the next five years to become profitable. In order to retain its market share, BSNL is required to provide 182 million connections by 2017-18, which would be around 14 per cent of 1,300 million projected customer base. The loss making PSU hopes to register a profit Rs 35 crore before tax by 2017-18 if it is able to execute the estimates.
The company expects its total income to grow to above Rs 44,000 crore by 2017-18 from Rs 26,396 crore it posted for last fiscal.
In the next five years, BSNL expects to add capacity of additional 40 million lines with focus on Internet business, generate around Rs 2,500 crore from its land and building assets monetisation and hive off some real estate assets after permission from government.
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