September 8th, 2015
Telecom service provider Bharat Sanchar Nigam Limited has decided to boost landline broadband speed from 512Kbps to minimum 2Mbps at no additional cost to more than 1 crore broadband customers on pan-India basis from October 1.
Union Minister for Communication and Information Technology Ravi Shankar Prasad launched the facility in Gurgaon.
This move by BSNL will force the private telecom services to lower their tariff rates. Also Telecom Regulatory Authority of India is also expected to soon redefine the definition of Broadband speed, which is currently 512 kbps.
According to The Times of India, BSNL is losing customers in mobile as well as landline to private operators. The company lost about 1.78 crore wireless and over 20 lakh wireline subscribers between March 2014 and March 2015. The losses for the firm stood at Rs 7,600 crore. This is a step in reviving BSNL.