BSNL turns EBITDA positive – says DoT’s report.

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The DoT has issued a press statement yesterday, the 11.01.2021, claiming that both BSNL and MTNL have turned EBITDA positive in the first half of the current financial year, 2020-21. (EBITDA means earnings before Interests, Taxes, Depreciation and Amortisation) The statement says BSNL’s EBITDA is positive Rs.602 crores in the half year ended in September, 2020. The EBITDA of BSNL during the same period in 2019-20 was minus Rs.3,596 crore, says the report. The EBITDA of MTNL was minus Rs.549 crores in September, 2019, and the current figure is positive Rs.276 cores, as per the report. It also says that, BSNL added over 10 million new mobile customers during this financial year and that BSNL’s mobile market share has increased to 10.36% in October, 2020, as per the figures published by TRAI.  The full statement of the DoT is attached.

[Date : 12 - Jan - 2021]